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SENATE 887118th CongressRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

A bill to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, and for other purposes.

Last Action
3/21/2023

Actions

  • 2023-03-21Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2023-03-21Introduced in Senate

CRS Summary

As of 2023-03-21 (00)

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 directly to an individual.

Cosponsors (3)

  • Mike Braun (R-IN)
  • Chuck Grassley (R-IA)
  • Rick Scott (R-FL)
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.