” . Anti-CBDC bill offered by Emmer, Hill advances to Senate with House approval By Ripon Advance News Service | July 21, 2025 Anti-digital currency legislation led by U.S. House Majority Whip Tom Emmer (R-MN) and U.S. Rep. French Hill (R-AR) alongside 99 Republican cosponsors passed the U.S. House of Representatives on July 17 in a 219-210 vote. The Anti-CBDC Surveillance State Act, H.R. 1919, which Rep. Emmer sponsored on March 6, now heads to the U.S. Senate for consideration. “We are proud to have led this years-long effort, and thank our colleagues for their support,” Rep. Emmer said after House passage of H.R. 1919, which would prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) and codify Trump’s executive order to forbid federal agencies from exploring their development, according to a bill summary provided by his office. “A fundamental choice is at stake about the future of money in America — a choice between privacy and government control,” said Rep. Hill, the lead original cosponsor of H.R. 1919, who noted that if enacted, the bill would safeguard the privacy of Americans by prohibiting the creation of a CBDC in the United States. “I applaud the House’s passage of his legislation and thank [Whip Emmer] for the work he has done to elevate this issue in Congress,” said Rep. Hill following the vote. According to the Congressional Record bill summary, H.R. 1919 would prohibit a Federal Reserve bank from offering products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a CBDC. Additionally, the Board of Governors of the Federal Reserve System would be prohibited from using a CBDC to implement monetary policy or from testing, studying, creating, or implementing a central bank digital currency, with exceptions as provided by the bill, the summary says. “For years, we have worked to educate our colleagues on the dangers of this insidious technology, which would undermine our values and destroy Americans’ right to privacy,” Rep. Emmer said. “President Trump understands this threat and has already issued an executive order preventing the development of a CBDC. “Now, we must codify it to ensure that the United States’ digital currency policy remains in the hands of the American people so that any future development of digital cash reflects our American values of privacy, individual sovereignty, and free market competitiveness,” he added. Post navigation ← Previous Article Next Article → This entry was posted by Ripon Advance News Service. Bookmark the permalink. . ”
