S 1124 119th Congress Senate Finance and Financial Sector

Anti-CBDC Surveillance State Act

Introduced: March 25, 2025 Introduced by: Cruz, Ted Republican · Texas See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 25, 2025

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Mar 25, 2025

Introduced in Senate

Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

Plain-English summary Congressional Research Service

Anti-CBDC Surveillance State Act

This bill prohibits a Federal Reserve bank from offering products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a central bank digital currency (i.e., a digital dollar). Further, the Board of Governors of the Federal Reserve System is prohibited from using a central bank digital currency to implement monetary policy or from testing, studying, creating, or implementing a central bank digital currency, with exceptions as provided by the bill.

What's happening now March 25, 2025

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Related & companion bills 1

Bill text 1 version

Introduced in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Banking, Housing, and Urban Affairs Committee
Senate

Lobbying activity 17

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

AMERICAN BANKERS ASSOCIATION
for AMERICAN BANKERS ASSOCIATION · District of Columbia · 1st Quarter (Jan 1 - Mar 31) 2026
FEDERAL HALL POLICY ADVISORS, LLC
for SOLANA POLICY INSTITUTE · District of Columbia · 1st Quarter (Jan 1 - Mar 31) 2026
GOLDSTEIN POLICY SOLUTIONS LLC
for FEDERAL HALL POLICY ADVISORS, LLC ON BEHALF OF SOLANA POLICY INSTITUTE · District of Columbia · 1st Quarter (Jan 1 - Mar 31) 2026
SOLANA POLICY INSTITUTE
for SOLANA POLICY INSTITUTE · Virginia · 1st Quarter (Jan 1 - Mar 31) 2026
CREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS
for CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA'S CREDIT UNIONS · District of Columbia · 1st Quarter (Jan 1 - Mar 31) 2026
AMERICAN BANKERS ASSOCIATION
for AMERICAN BANKERS ASSOCIATION · District of Columbia · 4th Quarter (Oct 1 - Dec 31) 2025

See all 17 filings →

Cosponsors 8

Scott, Rick

Florida · May 11, 2026

Hagerty, Bill

Tennessee · Feb 9, 2026

Husted, Jon

Ohio · Jan 8, 2026

Lummis, Cynthia M.

Wyoming · Jul 16, 2025

Moreno, Bernie

Ohio · Apr 3, 2025

Budd, Ted

North Carolina · Mar 25, 2025

Cramer, Kevin

North Dakota · Mar 25, 2025

Tillis, Thomas

North Carolina · Mar 25, 2025

Cite this page click to expand

APA

U.S. Congress. (2026). S. 1124: Anti-CBDC Surveillance State Act. 119th Congress. Open America. https://openamerica.io/bill/119-S-1124/

MLA

"S. 1124: Anti-CBDC Surveillance State Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-1124/.

Bluebook (legal)

S. 1124, 119th Cong. (2026), https://openamerica.io/bill/119-S-1124/.

Markdown link

[S. 1124: Anti-CBDC Surveillance State Act](https://openamerica.io/bill/119-S-1124/)