S. 1124: Anti-CBDC Surveillance State Act

S. 1124 is a federal bill in the 119th Congress. Before this legislation, the Federal Reserve had the authority to study, test, or potentially develop a digital dollar, known as a central bank digital currency, and could explore ways to use it for monetary policy. After this bill takes effect, the… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.