The U.S. House Financial Services Committee Passes the Anti CBDC Surveillance National Act (H.R. 1919)

The US House Financial Services Committee passed the Anti CBDC Surveillance National Act (H.R. 1919) with 27 votes in favor and 22 votes against. The bill, proposed by House Majority Whip Tom Emmer, aims to prohibit the Federal Reserve from issuing central bank digital currencies (CBDCs) and prevent them from directly providing financial services to individuals or using CBDCs to implement monetary policy.