civics.gg/H.R. 10017
H.R. 10017·FederalIn CommitteeTaxation

Permanent CBDC Ban Act

Sponsored by Rep. Cloud, Michael [R-TX-27] (R-TX)Introduced August 3, 2026Read full text ↗

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 10017 Introduced in House (IH)]

<DOC>

119th CONGRESS 2d Session H. R. 10017

To permanently prohibit the Board of Governors of the Federal Reserve System or a Federal reserve bank from issuing or creating a central bank digital currency, and for other purposes.

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IN THE HOUSE OF REPRESENTATIVES

August 3, 2026

Mr. Cloud (for himself, Mr. Donalds, Mr. Messmer, Mr. Roy, Mr. Carter of Georgia, Mr. Moore of Alabama, Mr. Perry, Mr. Clyde, Mr. McCormick, Mr. Steube, Mr. Self, Ms. Mace, Mr. Ogles, Mr. Harrigan, Mr. Van Epps, Mrs. Biggs of South Carolina, Ms. Boebert, Mr. Moore of West Virginia, Mr. Van Orden, Mr. Cline, Mr. Davidson, Mr. Crane, Mr. Taylor, Mr. Bacon, Mr. McDowell, Mr. Stutzman, Ms. Hageman, Mr. Gosar, Mr. Burlison, Mr. Higgins of Louisiana, and Mrs. Harshbarger) introduced the following bill; which was referred to the Committee on Financial Services

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A BILL

To permanently prohibit the Board of Governors of the Federal Reserve System or a Federal reserve bank from issuing or creating a central bank digital currency, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Permanent CBDC Ban Act''.

SEC. 2. PERMANENT PROHIBITION.

Section 16A of the Federal Reserve Act is amended by striking subsection (d) and redesignating subsection (e) as subsection (d). <all>

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