,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #cdjb  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #ag1 #bjbc,mr4   
,au*9closs 7= himself & ,mr4 ,hill7     
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices  ,a 
,,bill  ,to prohibit ! ,bo>d ( ,gov]nors
 ( ! ,f$]al ,res]ve & ! ,secret>y ( !   
,treasury f issu+ a c5tral bank digital 
curr5cy1 & = o!r purposes4  #a4 ,%ort   
title ,?is ,act may be cit$ z ! ,p[] ( !
 ,m9t ,act4  #b4 ,f9d+s ,! ,congress    
f9ds ! foll[+3 7#a7 ,! article ,i1      
section #h ( ! ,con/itution /ates t only
 ,congress has ! au?ority to co9 money &
 regulate ! value ( su* money4  7#b7 ,! 
,f$]al ,res]ve ,act ( #aiac provides t !
 ,f$]al ,res]ve banks %all act z !      
fiscal ag5ts ( ! ,unit$ ,/ates &        
depositories :5 requir$ to d s by !     
,secret>y ( ! ,treasury4  #c4 ,c5tral   
bank digital curr5cy  7a7 ,9 g5]al ,!   
,f$]al ,res]ve ,act 7#ab ,u4,s4,c4 #bba 
et seq47 is am5d$ by ins]t+ aft] section
 #af ! foll[+3  #af;,a4 ,c5tral bank    

digital curr5cy  7a7 ,9 g5]al ,! ,bo>d (
 ,gov]nors ( ! ,f$]al ,res]ve may n1    
abs5t ,congressional au?orization1 issue
 a c5tral bank digital curr5cy4  7b7    
,c5tral bank digital curr5cy def9$ ,9   
?is section1 ! t]m c5tral bank digital  
curr5cy means a =m ( digital money or   
monet>y value1 d5om9at$ 9 ! national    
unit ( acc\nt1 t is a direct liability (
 ! ,f$]al ,res]ve4  4  7b7 ,treasury    
,*apt] #c ( subtitle ,i ( title #ca ( ! 
,unit$ ,/ates ,code is am5d$ by ins]t+  
aft] section #caf ! foll[+3  #cag4      
,c5tral bank digital curr5cy  7a7 ,9    
g5]al ,! ,secret>y ( ! ,treasury may n1 
abs5t ,congressional au?orization1      
direct ! ,bo>d ( ,gov]nors ( ! ,f$]al   
,res]ve to issue a c5tral bank digital  
curr5cy4  7b7 ,c5tral ,bank ,digital    
,curr5cy def9$ ,9 ?is section1 ! t]m    
c5tral bank digital curr5cy means a =m (
 digital money or monet>y value1        
d5om9at$ 9 ! national unit ( acc\nt1 t  
is a direct liability ( ! c5tral bank4  
4