Introduced
S. 464
Introduced in Senate · March 11, 2025February 6 (
legislative day
, February 5), 2025
Mr. Lee (for himself, Mr. Cruz, and Mr. Scott of Florida) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
A BILL
To amend the Federal Reserve Act to limit the ability of Federal Reserve banks to issue central bank digital currency.
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 “No Central Bank Digital Currency Act” or the “No CBDC Act”.