In CommitteeFiled Aug 3, 2026
Sponsor: Rep. Cloud, Michael [R-TX-27] (R)
Latest Action
Referred to the House Committee on Financial Services.
Aug 3, 2026
Summary
The measure seeks to permanently prohibit the Board of Governors of the Federal Reserve System and any Federal Reserve bank from issuing or creating a central bank digital currency. It does not include any other actions beyond this ban. The bill is currently referred to the House Committee on Financial Services.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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