S. 1124: Anti-CBDC Surveillance State Act
A Senate bill (S.) in the 119th U.S. Congress.
Overview
| Congress | 119th U.S. Congress (2025–2026) |
|---|---|
| Type | Senate bill (S.) |
| Originating chamber | Senate |
| Introduced | 2025-03-25 |
| Sponsor | Sen. Cruz, Ted [R-TX] |
| Policy area | Finance and Financial Sector |
| Cosponsors | 8 |
| Latest action | 2025-03-25 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Last updated | 2026-05-12 |
Summary
Official summary (Introduced in Senate, 2025-03-25):
Anti-CBDC 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). 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 testing, studying, creating, or implementing a central bank digital currency, with exceptions as provided by the bill.
Cosponsors (8)
| Name | Party / state |
|---|---|
| Ted Budd | R NC (original cosponsor) 2025-03-25 |
| Kevin Cramer | R ND (original cosponsor) 2025-03-25 |
| Thom Tillis | R NC (original cosponsor) 2025-03-25 |
| Bernie Moreno | R OH 2025-04-03 |
| Cynthia M. Lummis | R WY 2025-07-16 |
| Jon Husted | R OH 2026-01-08 |
| Bill Hagerty | R TN 2026-02-09 |
| Rick Scott | R FL 2026-05-11 |
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for S. 1124 are published by Congress on congress.gov.
View S. 1124 on congress.gov →
Frequently asked questions
What is S. 1124?
S. 1124 is a Senate bill (S.) introduced in the 119th U.S. Congress, originating in the Senate. Official title: Anti-CBDC Surveillance State Act.
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for S. 1124 are available on congress.gov.
Bill data: congress.gov API (official congressional records).