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HR 3402 118th Congress House Finance and Financial Sector

Power of the Mint Act

Introduced: July 27, 2023 Introduced by: Auchincloss, Jake Democratic · Massachusetts See on congress.gov
This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
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 Plain-English summary Congressional Research Service

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 May 17, 2023

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 3402: Power of the Mint Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-3402/
MLA
"H.R. 3402: Power of the Mint Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-3402/.
Bluebook (legal)
H.R. 3402, 118th Cong. (2026), https://openamerica.io/bill/118-HR-3402/.
Markdown link
[H.R. 3402: Power of the Mint Act](https://openamerica.io/bill/118-HR-3402/)
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