Power of the Mint Act
118-HR-3402118th CongressIntroduced May 17, 2023Finance and Financial Sector
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Referred to the House Committee on Financial Services.
Sponsor
Rep. Auchincloss, Jake [D-MA-4](D-MA-4)5 cosponsors
Summary
Power of the Mint Act
This bill prohibits the Board of Governors of the Federal Reserve from issuing a central bank digital currency. Further, the Department of the Treasury is prohibited from directing the board to issue a central bank digital currency.
Actions (4)
Referred to the House Committee on Financial Services.
May 17, 2023House floor actions
Sponsor introductory remarks on measure. (CR H2383)
May 17, 2023Library of Congress
Introduced in House
May 17, 2023Library of Congress
Introduced in House
May 17, 2023Library of Congress