Anti-CBDC Surveillance State Act

This bill bars the Federal Reserve from building or issuing a central bank digital currency. It amends the Federal Reserve Act so a Federal reserve bank may not offer financial products or services directly to an individual, maintain an account for an individual, or issue a central bank digital currency. It also bars a reserve bank from offering such a currency indirectly through a financial institution or other intermediary. It prohibits the Board of Governors from testing, studying, developing, creating, or implementing a central bank digital currency, and bars the Board and the Federal Open Market Committee from using one to conduct monetary policy. A central bank digital currency is defined as digital money denominated in the national unit of account, a direct liability of the Federal Reserve, and widely available to the general public. An exception preserves any dollar currency that is open, permissionless, private, and keeps the privacy protections of physical cash. The bill states the sense of Congress that the Board currently lacks authority to issue such a currency and will not have it unless Congress grants it.

At least 17 organizations named this measure in a lobbying filing. A floor, not a total: they were counted by the client name on 65 quarterly reports filed by 2 lobbying firms and by 16 organizations lobbying for themselves in 2025 Q1, 2025 Q2, 2025 Q3, 2025 Q4, 2026 Q1, 2026 Q2 and 2026 Q3. An organization that lobbied this measure without naming it is not counted here.

2 of those filings did not cite this bill by number. They named a short title it shares with its Senate companion, S 1124, so the reference belongs to the pair rather than to one chamber’s vehicle.

The filings record that lobbying was reported on the measure. The form has no per-bill dollar figure and no field for a position, so nothing here says how much was spent or which side an organization took.

5 of them, in no ranking: Credit Union National Association, Inc. dba America's Credit Unions; Crypto Council for Innovation; Digital Currency Group; Ava Labs, Inc.; American Bankers Association. Listed as filed, in the order the filings were read, and 12 others are not shown. These are not the largest, the earliest or the most active: we keep five names per measure, and the filings give no ranking.

From the LD-2 quarterly lobbying filings published at lda.gov by the Senate Office of Public Records. Read for 2025 Q1, 2025 Q2, 2025 Q3, 2025 Q4, 2026 Q1, 2026 Q2 and 2026 Q3. Our copy holds 24 fewer filings for 2025 Q1, 39 fewer filings for 2025 Q2, 42 fewer filings for 2025 Q3, 33 fewer filings for 2025 Q4, 28 fewer filings for 2026 Q1, 48 fewer filings for 2026 Q2 and 218 fewer filings for 2026 Q3 than the Senate's register counts, so those quarters are the filings we could read rather than every one filed. 2026 Q4 is still inside its filing window, so that quarter is only the filings posted so far.