House Passes CBDC Anti-Surveillance State Act
May 24, 2024
May 24, 2024
WASHINGTON, May 24 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following news release on May 23, 2024:
Today, the U.S. House of Representatives passed H.R. 5403, the CBDC Anti-Surveillance State Act, sponsored by Majority Whip Tom Emmer (MN-06). H.R. 5403 halts unelected bureaucrats from issuing a central bank digital currency (CBDC)--which would threaten Americans' right to financial privacy--without explicit aut . . .
Today, the U.S. House of Representatives passed H.R. 5403, the CBDC Anti-Surveillance State Act, sponsored by Majority Whip Tom Emmer (MN-06). H.R. 5403 halts unelected bureaucrats from issuing a central bank digital currency (CBDC)--which would threaten Americans' right to financial privacy--without explicit aut . . .