Joined by 50 original cosponsors, the CBDC Anti-Surveillance State Act would bar the Federal Reserve from issuing a digital currency directly or indirectly to individuals and would prohibit the Fed “from using any CBDC to implement monetary policy, ensuring the Federal Reserve cannot use a CBDC as a tool to control the American economy.”
"Unlike decentralized cryptocurrencies, like Bitcoin, a CBDC is a digital form of sovereign currency that is designed and issued by a government and transacts on a digital ledger that is controlled by that government. In short, a CBDC is government-controlled programmable money that, if not designed to emulate cash, could give the federal government the ability to surveil Americans' transactions and choke out politically unpopular activity. (Emmer)"
