VoterlyH.R. 5403: CBDC Anti-Surveillance State Act
118th Congress · Sponsored from Minnesota · In committee
What this bill does
CBDC Anti-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) 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.
Key facts
- Status In committee
- Introduced 2023-09-12
- Policy area Finance and Financial Sector
- Cosponsors 165
- Latest action Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsor
Who funds the sponsor?
Rep. Emmer, Tom [R-MN-6] introduced H.R. 5403. On Voterly you can see their top campaign donors from public Federal Election Commission records — individuals, PACs, and industry groups (follow the money) — and compare that with how they vote.
See Rep. Emmer, Tom [R-MN-6]'s donors & voting record →
Campaign donations show who helps fund the sponsor's election; they are not the same as who drafted or lobbied for the bill text. Lobbying disclosures are separate public records.
Take a position & compare alignment
Agree or disagree with H.R. 5403? Go to the homepage to record your view and compare your stance with how your representatives vote. See Rep. Emmer, Tom [R-MN-6]'s profile to vote on their bills and check your alignment % with the sponsor.
Read the official text on Congress.gov →
Frequently asked questions
What does H.R. 5403 do?
CBDC Anti-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) directly or indirectly …
Who sponsored H.R. 5403?
Rep. Emmer, Tom [R-MN-6] (R) of Minnesota is the lead sponsor.
How do I find out who funds or lobbies for H.R. 5403?
Campaign-finance records (Federal Election Commission) show who funds the bill's sponsor. Separately, federal lobbying disclosures filed under the Lobbying Disclosure Act list the companies and lobbyists who reported lobbying on specific bills. Voterly links the sponsor's donors; lobbying records are public at the U.S. Senate and House lobbying databases.
Is H.R. 5403 now law?
Not yet. The current status is "In committee." See the latest action above for details.