Congress·Passed House·H.R. 1919

House Passes Bill to Ban Federal Reserve from Creating a Digital Dollar

Anti-CBDC Surveillance State Act

8 months ago·View on Congress.gov

⏸

Stalled

No legislative action in over 90 days.

Legislative Progress

✓ House

219–210

Senate

President

Law

Key Points

This bill stops the Federal Reserve from creating a 'digital dollar' for the general public. It prevents the government from offering bank accounts or financial services directly to individuals, which are currently handled by private banks and credit unions.
The main goal is to protect personal privacy. Supporters of the bill worry that a government-run digital currency would allow the state to track every purchase a person makes or even control how they spend their money.
The Federal Reserve would be banned from testing, studying, or launching a digital currency. It would also be prohibited from using a digital currency to manage the nation's economy or influence interest rates.
The bill includes an exception for digital currencies that are private and open to everyone, similar to how physical cash works. This ensures that the rules only apply to government-controlled digital money, not private digital assets that protect user privacy.
Congress states that the Federal Reserve does not currently have the legal power to create a digital currency. This law makes it clear that the Fed would need a new law passed by Congress before it could ever try to start one.

Economy FinanceTechnology Digital

Impact Analysis

Personal Impact

Who is affectedScoreImpactCertaintyScopeDurationSentiment

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

Milestones

3 milestones16 actions

Jul 17, 2025House

Motion to reconsider laid on the table Agreed to without objection.

Jul 17, 2025House

On passage Passed by the Yeas and Nays: 219 - 210 (Roll no. 201). (text of amendment in the nature of a substitute: CR H3427-3428)

Jul 17, 2025

Passed/agreed to in House: On passage Passed by the Yeas and Nays: 219 - 210 (Roll no. 201).

Jul 17, 2025House

Considered as unfinished business. (consideration: CR H3450)

Jul 17, 2025House

POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 1919, the Chair put the question on passage of the bill and by voice vote, announced that the ayes had prevailed. Ms. Waters demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.

What Happens Next

Projected impacts based on AI analysis

Late 2025 or 2026

Senate considers the bill after House passage

The ban on a digital dollar is not yet law. The Senate must pass its own version or approve this one, then the President must sign it. Until then, nothing changes for consumers or businesses.

Upon enactment, if passed

If signed into law, the Federal Reserve is permanently banned from creating or testing a digital dollar

The Fed would immediately stop any research or pilot programs related to a central bank digital currency. Americans would continue using the existing banking system with no new government-run digital payment option on the horizon.

Vote Results

1 vote

HousePassedPassageJul 17, 2025

On Passage

219

210

Democrat

2 – 210

Republican

217 – 0 · 3

View full roll call

Related News

5 articles

CBS News·8 months ago

Trump signs landmark GENIUS Act, hailing 'exciting new frontier' for crypto

President Trump signed the GENIUS Act into law while the House advanced the Anti-CBDC Surveillance State Act (H.R. 1919). The bill prohibits the Federal Reserve from issuing a retail digital dollar, reflecting a broader GOP push to prioritize private stablecoins over government-run currency.

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The Hill·9 months ago

House Republicans plan 'Crypto Week' votes on industry-backed bills

House leadership designated the week of July 14th as 'Crypto Week,' scheduling floor votes for the Anti-CBDC Surveillance State Act. The legislation, sponsored by Whip Tom Emmer, aims to permanently block the creation of a Central Bank Digital Currency to safeguard financial privacy.

Politico·8 months ago

House GOP moves to combine central bank digital currency ban with crypto bill

House Republicans are maneuvering to pass the Anti-CBDC Surveillance State Act alongside broader crypto market structure legislation. The move highlights the GOP's strategy to link financial privacy protections with the expansion of the private digital asset industry.

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Related Bills

2 bills

S. 1124Related bill

Anti-CBDC Surveillance State Act

Mar 25 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

H.Res. 580Related bill

Providing for consideration of the bill (H.R. 4016) making appropriations for the Department of Defense for the fiscal year ending September 30, 2026, and for other purposes; providing for consideration of the bill (H.R. 3633) to provide for a system of regulation of the offer and sale of digital commodities by the Securities and Exchange Commission and the Commodity Futures Trading Commission, and for other purposes; providing for consideration of the bill (H.R. 1919) to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes; providing for consideration of the bill (S. 1582) to provide for the regulation of payment stablecoins, and for other purposes; and waiving a requirement of clause 6(a) of rule XIII with respect to consideration of certain resolutions reported from the Committee on Rules.

Jul 16 — On agreeing to the resolution Agreed to by recorded vote: 217 - 212 (Roll no. 198).