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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) directly or indirectly to an individual. 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 issuing a central bank digital currency.
Written by the nonpartisan Congressional Research Service, describing H.R. 5403 as reported to House on May 7, 2024. It is not the text of the measure; a later amendment may have changed what it does.
May 23, 2024Each bar: ✓ Yea from the bottom, ✕ Nay aboveMay 23, 2024
House May 23, 2024 · the primary vote
CBDC Anti-Surveillance State Act
Passed
216 Yea 192 Nay 22 not voting
Party-line vote 3 of 408 voting members broke with their own party: 3 Democrats.
DemocratsRepublicansFilled: YeaRing: NayGrey: not voting or present
430 members on this roll call, from the official House record. Party majorities need at least five voting members, so an independent never counts as breaking with a party.
Signing on is not a vote: a member can cosponsor H.R. 5403 and vote against it. 52 signed when it was filed.
Organizations that named H.R. 5403 in a lobbying disclosure. Only those that cited the bill by number appear, so this is a floor, not a full list.
55 disclosures name this measure. Retrieved from LDA.gov on 2026-10-04. Senate Office of Public Records cannot vouch for the data or analyses derived from these data after the data have been retrieved from LDA.gov.