To amend the Federal Reserve Act to require an Act of Congress for certain activities related to the issuance of a central bank digital currency, and for other purposes.
About This Bill
Committee
Latest Action · May 25, 2023
Referred to the House Committee on Financial Services.
Digital Dollar Pilot Prevention Act
This bill prohibits the Board of Governors of the Federal Reserve System and the Federal Reserve banks from establishing, carrying out, or approving a program to test the feasibility of issuing a central bank digital currency.
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