H.R. 1919House119th Congress (2025-2027)Passed House

Anti-CBDC Surveillance State Act

Sponsored by Tom EmmerRep. Tom Emmer (R-MN)
Introduced March 6, 2025

AI-Generated Summary

Updated November 24, 2025 at 2:09 AM UTC

The Anti‑CBDC Surveillance State Act amends the Federal Reserve Act to stop the Federal Reserve banks and the Board of Governors from offering, issuing, or using a central bank digital currency. It also prevents the Fed from providing any direct or indirect digital‑currency services to individuals, while allowing a private, open‑source digital dollar that keeps cash‑like privacy. The bill targets the Federal Reserve system and any future CBDC initiatives.

Key Provisions

  • Adds a rule that Federal Reserve banks cannot offer financial products or services directly to individuals, keep individual accounts, or issue a central bank digital currency (CBDC) or anything similar.
  • Bars Federal Reserve banks from providing a CBDC indirectly through other financial institutions or intermediaries.
  • Prohibits the Federal Reserve Board of Governors from testing, developing, creating, or implementing a CBDC, and from using a CBDC to conduct monetary policy.
  • Creates an exception allowing a dollar‑denominated digital currency that is open, permissionless, private, and preserves the privacy of physical cash.
  • States that the Federal Reserve currently lacks authority to issue a CBDC and would need explicit congressional permission to do so.

Legislative Activity

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15 earlier actions
HouseFloor Latest Action

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

July 17, 2025 • 4:02 PM

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HouseIntro Referral

Introduced in House

March 6, 2025

HouseIntro Referral

Referred to the House Committee on Financial Services.

March 6, 2025

HouseCommittee

Committee Consideration and Mark-up Session Held

April 2, 2025

HouseCommittee

Ordered to be Reported (Amended) by the Yeas and Nays: 27 - 22.

April 2, 2025

HouseCommittee

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-92.

May 6, 2025

HouseCalendars

Placed on the Union Calendar, Calendar No. 66.

May 6, 2025

HouseFloor

Rules Committee Resolution H. Res. 580 Reported to House. Rule provides for consideration of H.R. 4016, H.R. 3633, H.R. 1919 and S. 1582. The resolution provides for consideration of H.R. 4016 and H.R. 3633 under a structured rule, and H.R. 1919 and S. 1582 under a closed rule, with one hour of general debate on each bill. The resolution provides for a motion to recommit on H.R. 4016, H.R. 3633, and H.R. 1919, and a motion to commit on S. 1582.

July 15, 2025 • 9:34 AM

HouseFloor

Considered under the provisions of rule H. Res. 580. (consideration: CR H3427-3434)

July 17, 2025 • 11:44 AM

HouseFloor

Rule provides for consideration of H.R. 4016, H.R. 3633, H.R. 1919 and S. 1582. The resolution provides for consideration of H.R. 4016 and H.R. 3633 under a structured rule, and H.R. 1919 and S. 1582 under a closed rule, with one hour of general debate on each bill. The resolution provides for a motion to recommit on H.R. 4016, H.R. 3633, and H.R. 1919, and a motion to commit on S. 1582.

July 17, 2025 • 11:44 AM

HouseFloor

DEBATE - The House proceeded with one hour of debate on H.R. 1919.

July 17, 2025 • 11:45 AM

HouseFloor

The previous question was ordered pursuant to the rule.

July 17, 2025 • 12:45 PM

HouseFloor

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.

July 17, 2025 • 12:45 PM

HouseFloor

Considered as unfinished business. (consideration: CR H3450)

July 17, 2025 • 3:54 PM

HouseFloor

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

July 17, 2025 • 4:02 PM

HouseFloor

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)

July 17, 2025 • 4:02 PM

HouseFloor

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

July 17, 2025 • 4:02 PM

Floor Debate

22 members

What members said about H.R. 1919 on the floor

10 Republicans12 Democrats
Nicholas A. Langworthy
Rep. Nicholas A. LangworthyR-NY-23 · Sep 16, 2025

Mr. Speaker, by direction of the Committee on Rules, I call up House Resolution 707 and ask for its immediate consideration. Mr. Speaker, for the purpose of debate only, I yield the customary 30…

Mary Gay Scanlon
Rep. Mary Gay ScanlonD-PA-5 · Jul 15, 2025

Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I rise in strong opposition to the rule. Although Bitcoin has been around for over 15 years, cryptocurrencies and related…

James P. McGovern
Rep. James P. McGovernD-MA-2 · Sep 16, 2025

Mr. Speaker, I thank the gentleman from New York for yielding me the customary 30 minutes, and I yield myself such time as I may consume. Mr. Speaker, we just heard a whole lot of words from the…

James P. McGovern
Rep. James P. McGovernD-MA-2 · Apr 29, 2026

Mr. Speaker, I thank the gentleman from Georgia for yielding me the customary 30 minutes, and I yield myself such time as I may consume. Another week, Mr. Speaker, another chance for this Republican…

Austin Scott
Rep. Austin ScottR-GA-8 · Apr 29, 2026

Mr. Speaker, by direction of the Committee on Rules, I call up House Resolution 1224 and ask for its immediate consideration. Mr. Speaker, for the purpose of debate only, I yield the customary 30…

Show 8 more
Brian Jack
Rep. Brian JackR-GA-3 · Jul 15, 2025

Mr. Speaker, by the direction of the Committee on Rules, I call up House Resolution 580 and ask for its immediate consideration. Mr. Speaker, for the purpose of debate only, I yield the customary 30…

J. French Hill
Rep. J. French HillR-AR-2 · Jul 17, 2025

Mr. Speaker, pursuant to House Resolution 580, I call up the bill (H.R. 1919) to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services…

Maxine Waters
Rep. Maxine WatersD-CA-43 · Jul 17, 2025

Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, over the last hours we heard arguments from the other side of the aisle that the United States must prioritize innovation. The…

Tom Emmer
Rep. Tom EmmerR-MN-6 · Jul 17, 2025

Mr. Speaker, after much debate, we can now codify President Trump's effort to prevent the development of a central bank digital currency, or CBDC, and ensure that the United States' digital currency…

Andy Barr
Rep. Andy BarrR-KY-6 · Jul 17, 2025

Mr. Speaker, I rise in strong support of my friend from Minnesota, Whip Emmer's bill, the Anti-CBDC Surveillance State Act, a bill I am proud to cosponsor. This bill would prohibit the Federal…

Brad Sherman
Rep. Brad ShermanD-CA-32 · Jul 17, 2025

Mr. Speaker, I worked hard in school, but the grade I am proudest of is to be the first Member of this House to get an ``F'' from the crypto industry. Article I, Section 8, of the U.S. Constitution…

Betty McCollum
Rep. Betty McCollumD-MN-4 · Jul 25, 2025

Mr. Speaker, I rise in opposition to H.R. 3633, the Digital Asset Market Clarity Act. S. 1582, the Guiding and Establishing National Innovation in U.S. Stablecoins Act, and H.R. 1919, the Anti- CBDC…

James A. Himes
Rep. James A. HimesD-CT-4 · Jul 17, 2025

Mr. Speaker, I thank the gentlewoman from California for this opportunity to speak because this is one of the most ignorant things I have seen this House produce in a very long time. It stuns me,…

Show 11 more
Eric A. "Rick" Crawford
Rep. Eric A. "Rick" CrawfordR-AR-1 · Apr 29, 2026

Mr. Speaker, I thank my friend from Georgia for yielding. I rise in support of House Resolution 1224, the rule to consider S. 1318, the Foreign Intelligence Accountability Act. This legislation makes…

Joe Neguse
Rep. Joe NeguseD-CO-2 · Apr 29, 2026

Madam Speaker, first, let me say thank you to the distinguished ranking member of the Rules Committee for his principled leadership. I think it is well understood by most Americans that Congress is…

Angie Craig
Rep. Angie CraigD-MN-2 · Apr 29, 2026

Mr. Speaker, my Republican colleague mentioned Minneapolis. Let's talk about Minneapolis since this is a rules debate. Mr. Speaker, in this rule is additional funding for ICE and CBP. Let's talk…

Stephen F. Lynch
Rep. Stephen F. LynchD-MA-8 · Jul 17, 2025

Mr. Speaker, I thank the gentlewoman for her confidence and for yielding time. Mr. Speaker, I rise in strong opposition to H.R. 1919, the so-called Anti-CBDC Surveillance State Act. At the expense of…

Gregory W. Meeks
Rep. Gregory W. MeeksD-NY-5 · Sep 16, 2025

Mr. Speaker, I thank Mr. McGovern for his continued leadership on the Rules Committee. I thank him for his leadership in the people's House and for him always putting the working American first. Mr.…

Warren Davidson
Rep. Warren DavidsonR-OH-8 · Jul 17, 2025

Mr. Speaker, central bank digital currency poses an existential threat to western civilization. It is essentially, at its heart, communist banking. Elizabeth Warren, Sherrod Brown, and Democrats in…

Lloyd Doggett
Rep. Lloyd DoggettD-TX-37 · Sep 16, 2025

Mr. Speaker, this rule further erodes the system of checks and balances that has served our democracy so well. Republicans, through it, are surrendering more and more unrestrained power to President…

Erin Houchin
Rep. Erin HouchinR-IN-9 · Jul 15, 2025

Mr. Speaker, I thank the gentleman from Georgia for yielding, and I congratulate him for managing his first rule on the House floor. His constituents are lucky to have him representing them in the…

Marc A. Veasey
Rep. Marc A. VeaseyD-TX-33 · Jul 15, 2025

Mr. Speaker, yes, the resolution was voted down by Republicans last night, so let's speak the truth because there are two Americas right now. In their America, billionaires can buy silence, sweep…

Brad Sherman
Rep. Brad ShermanD-CA-32 · Jul 15, 2025

Mr. Speaker, I worked hard in school, but the grade I am proudest of is getting the first F ever issued by the crypto industry. This rule prohibits you from considering two amendments that had total…

Virginia Foxx
Rep. Virginia FoxxR-NC-5 · Jul 15, 2025

Mr. Speaker, I thank my colleague from Georgia for yielding time. Mr. Speaker, I rise in support of the rule and the underlying legislation. The four separate measures being considered under this…

Bill Text

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Engrossed in HouseIssued July 17, 2025

119th CONGRESS

1st Session

H. R. 1919

AN ACT

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.

1.

Short title

This Act may be cited as the Anti-CBDC Surveillance State Act.

2.

Prohibition on Federal reserve banks relating to certain products or services for individuals and prohibition on directly issuing a central bank digital currency

Section 16 of the Federal Reserve Act (12 U.S.C. 411 et seq.) is amended by adding at the end the following new paragraph:

(18)
(A)

A Federal reserve bank may not—

(i)

offer financial products or services directly to an individual;

(ii)

maintain an account on behalf of an individual; or

(iii)

issue a central bank digital currency, or any digital asset that is substantially similar under any other name or label.

(B)

In this paragraph, the term central bank digital currency has the meaning given that term under section 10(11)(D).

.

3.

Prohibition on Federal reserve banks indirectly issuing a central bank digital currency

Section 16 of the Federal Reserve Act (12 U.S.C. 411 et seq.), as amended by section 2, is further amended by adding at the end the following paragraph:

(19)
(A)

A Federal reserve bank may not offer a central bank digital currency, or any digital asset that is substantially similar under any other name or label, indirectly to an individual through a financial institution or other intermediary.

(B)

In this paragraph, the term central bank digital currency has the meaning given that term under section 10(11)(D).

.

4.

Prohibition with respect to central bank digital currency

Section 10 of the Federal Reserve Act (12 U.S.C. 241 et seq.) is amended by inserting before paragraph (12) the following:

(11)

Prohibition with respect to central bank digital currency

(A)

In general

The Board of Governors of the Federal Reserve System may not test, study, develop, create, or implement a central bank digital currency, or any digital asset that is substantially similar under any other name or label.

(B)

Monetary policy

The Board of Governors of the Federal Reserve System and the Federal Open Market Committee may not use a central bank digital currency to implement monetary policy, or any digital asset that is substantially similar under any other name or label.

(C)

Exception

Subparagraph (A) and sections 16(18)(A)(iii) and 16(19)(A) may not be construed to prohibit any dollar-denominated currency that is open, permissionless, and private, and fully preserves the privacy protections of United States coins and physical currency.

(D)

Central bank digital currency defined

In this paragraph, the term central bank digital currency means a form of digital money or monetary value that is—

(i)

denominated in the national unit of account;

(ii)

a direct liability of the Federal Reserve System; and

(iii)

widely available to the general public.

.

5.

Sense of Congress

It is the sense of Congress that the Board of Governors of the Federal Reserve System currently does not have the authority to issue a central bank digital currency, or any digital asset that is substantially similar under any other name or label, and will not have such authority unless Congress grants it under Congress’s Article 1 Section 8 powers.

Passed the House of Representatives July 17, 2025.

Clerk.