,,ib ,union ,cal5d> ,no4 #ff #aai? ,,congress #a/ ,session ,h4 ,r4 #aiai ,report ,no4 #aai-ib ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,m>* #f1 #bjbe,mr4 ,emm] 7= himself1 ,mr4 ,hill ( ,arkansas1 ,mr4 ,mool5a>1 ,mr4 ,hudson1 ,mr4 ,ogles1 ,mr4 ,bo/1 ,mr4 ,scott ,frankl9 ( ,florida1 ,ms4 ,gre5e ( ,georgia1 ,mr4 ,biggs ( ,arizona1 ,mr4 ,cl\d1 ,mr4 ,flood1 ,mr4 ,gos>1 ,mrs4 ,kim1 ,mr4 ,meus]1 ,mr4 ,davidson1 ,mr4 ,kiley ( ,cali=nia1 ,mr4 ,donalds1 ,mr4 ,fitzg]ald1 ,mrs4 ,luna1 ,mr4 ,g>b>9o1 ,mr4 ,lucas1 ,mr4 ,sessions1 ,mr4 ,huiz5ga1 ,mrs4 ,wagn]1 ,mr4 ,b>r1 ,mr4 ,williams ( ,texas1 ,mr4 ,l\d]milk1 ,mr4 ,rose1 ,mr4 ,/eil1 ,mr4 ,timmons1 ,mr4 ,norman1 ,mr4 ,lawl]1 ,ms4 ,de ,la ,cruz1 ,mr4 ,nunn ( ,i[a1 ,ms4 ,salaz>1 ,mr4 ,h>idopolos1 ,mr4 ,d[n+1 ,mr4 ,moore ( ,nor? ,c>ol9a1 ,mr4 ,bacon1 ,mr4 ,bre*e51 ,mr4 ,kelly ( ,p5nsylvania1 ,mr4 ,gro?man1 ,ms4 ,mace1 ,mr4 ,res*5?al]1 ,mr4 ,rog]s ( ,alabama1 ,mr4 ,r\z]1 ,mr4 ,valadao1 ,mr4 ,van ,drew1 ,mr4 ,web] ( ,texas1 ,mrs4 ,h\*91 ,ms4 ,hageman1 ,mr4 ,langwor?y1 ,mr4 ,good51 ,mr4 ,f9/ad1 ,mrs4 ,fis*ba*1 ,mr4 ,bean ( ,florida1 ,mr4 ,amodei ( ,nevada1 ,mr4 ,graves1 ,mrs4 ,h>%b>g]1 ,mr4 ,crane1 ,mr4 ,ciscomani1 ,mr4 ,baird1 ,mr4 ,kelly ( ,mississippi1 ,mrs4 ,cammack1 ,mr4 ,fleis*mann1 ,mr4 ,murphy1 ,mrs4 ,bice1 ,mr4 ,c>t] ( ,texas1 ,mr4 ,johnson ( ,s\? ,dakota1 ,mr4 ,clyde1 ,mr4 ,tiffany1 ,mr4 ,b]gman1 ,ms4 ,van ,duyne1 ,mr4 ,coll9s1 ,mr4 ,latta1 ,mr4 ,cr5%aw1 ,mr4 ,ellzey1 ,mr4 ,issa1 ,mr4 ,ow5s1 ,mr4 ,p]ry1 ,mr4 ,z9ke1 ,mr4 ,higg9s ( ,l\isiana1 ,mrs4 ,h9son1 ,mr4 ,bald]son1 ,mr4 ,mc,cormick1 ,mr4 ,c>ey1 ,mr4 ,wittman1 ,mr4 ,roy1 ,mr4 ,mc,caul1 ,mr4 ,ru!r=d1 ,mr4 ,smi? ( ,nebraska1 ,ms4 ,t5ney1 ,mr4 ,crank1 ,mr4 ,baumg>tn]1 ,mr4 ,mack5zie1 ,mr4 ,mc,dowell1 ,mr4 ,messm]1 ,mr4 ,s*midt1 ,mr4 ,taylor1 ,mr4 ,gill ( ,texas1 & ,mr4 ,gue/7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices ,may #f1 #bjbe;,additional sponsors3 ,mr4 ,goldman ( ,texas1 ,mr4 ,b5tz1 ,mr4 ,moore ( ,alabama1 ,ms4 ,letl[1 ,mr4 ,ezell1 ,mr4 ,cole1 ,mr4 ,fe5/ra1 ,mr4 ,mann1 ,mr4 ,la,hood1 ,mr4 ,jackson ( ,texas1 ,mr4 ,cl9e1 ,mr4 ,moran1 ,mr4 ,gu?rie1 ,mr4 ,yakym1 ,mr4 ,pflug]1 ,mr4 ,gre5 ( ,t5nessee1 ,mr4 ,/utzman1 ,mr4 ,bab91 ,mr4 ,nehls1 ,mr4 ,kean1 ,mr4 ,van ,ord51 ,mr4 ,bilirakis1 ,mr4 ,k5n$y ( ,utah1 ,mr4 ,womack1 ,mr4 ,h]n ( ,oklahoma1 ,mr4 ,/aub]1 ,mr4 ,mc,guire1 ,mr4 ,bresnahan1 ,mr4 ,begi*1 ,mr4 ,au/9 ,scott ( ,georgia1 ,mr4 ,edw>ds1 ,mr4 ,jack1 ,mrs4 ,mill] ( ,ill9ois1 ,mr4 ,/eube1 & ,mr4 ,rulli ,may #f1 #bjbe,report$ ) an am5dm5t1 committ$ to ! ,committee ( ! ,:ole ,h\se on ! ,/ate ( ! ,union1 & ord]$ to be printed,strike out all aft] ! enact+ clause & ins]t ! "p pr9t$ 9 italic,for text ( introduc$ bill1 see copy ( bill z introduc$ on ,m>* #f1 #bjbe ,a ,,bill ,to am5d ! ,f$]al ,res]ve ,act to prohibit ! ,f$]al res]ve banks f (f]+ c]ta9 products or s]vices directly to an individual1 to prohibit ! use ( c5tral bank digital curr5cy = monet>y policy1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,anti-,,cbdc ,surveillance ,/ate ,act4 #b4 ,prohibition on ,f$]al res]ve banks relat+ to c]ta9 products or s]vices = individuals & prohibition on directly issu+ a c5tral bank digital curr5cy ,section #af ( ! ,f$]al ,res]ve ,act 7#ab ,u4,s4,c4 #daa et seq47 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#ah7 7,a7 ,a ,f$]al res]ve bank may n-- 7i7 (f] f9ancial products or s]vices directly to an individual2 7ii7 ma9ta9 an acc\nt on behalf ( an individual2 or 7iii7 issue a c5tral bank digital curr5cy1 or any digital asset t is sub/antially simil> "u any o!r "n or label4 7,b7 ,9 ?is p>agraph1 ! t]m c5tral bank digital curr5cy has ! mean+ giv5 t t]m "u section #aj7aa77;,d74 4 #c4 ,prohibition on ,f$]al res]ve banks indirectly issu+ a c5tral bank digital curr5cy ,section #af ( ! ,f$]al ,res]ve ,act 7#ab ,u4,s4,c4 #daa et seq471 z am5d$ by section #b1 is fur!r am5d$ by add+ at ! end ! foll[+ p>agraph3 7#ai7 7,a7 ,a ,f$]al res]ve bank may n (f] a c5tral bank digital curr5cy1 or any digital asset t is sub/antially simil> "u any o!r "n or label1 indirectly to an individual ?r\gh a f9ancial in/itution or o!r int]m$i>y4 7,b7 ,9 ?is p>agraph1 ! t]m c5tral bank digital curr5cy has ! mean+ giv5 t t]m "u section #aj7aa77;,d74 4 #d4 ,prohibition ) respect to c5tral bank digital curr5cy ,section #aj ( ! ,f$]al ,res]ve ,act 7#ab ,u4,s4,c4 #bda et seq47 is am5d$ by ins]t+ be=e p>agraph 7#ab7 ! foll[+3 7#aa7 ,prohibition ) respect to c5tral bank digital curr5cy 7,a7 ,9 g5]al ,! ,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve ,sy/em may n te/1 /udy1 develop1 create1 or implem5t a c5tral bank digital curr5cy1 or any digital asset t is sub/antially simil> "u any o!r "n or label4 7,b7 ,monet>y policy ,! ,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve ,sy/em & ! ,f$]al ,op5 ,m>ket ,committee may n use a c5tral bank digital curr5cy to implem5t monet>y policy1 or any digital asset t is sub/antially simil> "u any o!r "n or label4 7,c7 ,exception ,subp>agraph 7,a7 & sections #af7ah77;,a77iii7 & #af7ai77;,a7 may n be con/ru$ to prohibit any doll>-d5om9at$ curr5cy t is op51 p]missionless1 & private1 & fully pres]ves ! privacy protections ( ,unit$ ,/ates co9s & physical curr5cy4 7,d7 ,c5tral bank digital curr5cy def9$ ,9 ?is p>agraph1 ! t]m c5tral bank digital curr5cy means a =m ( digital money or monet>y value t is-- 7i7 d5om9at$ 9 ! national unit ( acc\nt2 7ii7 a direct liability ( ! ,f$]al ,res]ve ,sy/em2 & 7iii7 widely available to ! g5]al public4 4 #e4 ,s5se ( ,congress ,x is ! s5se ( ,congress t ! ,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve ,sy/em curr5tly does n h ! au?ority to issue a c5tral bank digital curr5cy1 or any digital asset t is sub/antially simil> "u any o!r "n or label1 & w n h su* au?ority unless ,congress grants x "u ,congress's ,article #a ,section #h p[]s4 ,may #f1 #bjbe,report$ ) an am5dm5t1 committ$ to ! ,committee ( ! ,:ole ,h\se on ! ,/ate ( ! ,union1 & ord]$ to be pr9t$