August 3, 2026
Mr. Cloud (for himself, Mr. Donalds, Mr. Messmer, Mr. Roy, Mr. Carter of Georgia, Mr. Moore of Alabama, Mr. Perry, Mr. Clyde, Mr. McCormick, Mr. Steube, Mr. Self, Ms. Mace, Mr. Ogles, Mr. Harrigan, Mr. Van Epps, Mrs. Biggs of South Carolina, Ms. Boebert, Mr. Moore of West Virginia, Mr. Van Orden, Mr. Cline, Mr. Davidson, Mr. Crane, Mr. Taylor, Mr. Bacon, Mr. McDowell, Mr. Stutzman, Ms. Hageman, Mr. Gosar, Mr. Burlison, Mr. Higgins of Louisiana, and Mrs. Harshbarger) introduced the following bill; which was referred to the Committee on Financial Services
A BILL
To permanently prohibit the Board of Governors of the Federal Reserve System or a Federal reserve bank from issuing or creating a central bank digital currency, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Permanent CBDC Ban Act”.