HR 3402
118th Congress
House
Finance and Financial Sector
Power of the Mint Act
Introduced: May 17, 2023
Introduced by:
Auchincloss, Jake
Democratic
· Massachusetts
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 17, 2023
Referred to the House Committee on Financial Services.
May 17, 2023
Sponsor introductory remarks on measure. (CR H2383)
May 17, 2023
Introduced in House
Plain-English summary
Power of the Mint Act
This bill prohibits the Board of Governors of the Federal Reserve from issuing a central bank digital currency. Further, the Department of the Treasury is prohibited from directing the board to issue a central bank digital currency.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1