H.R. 3402 · 118th Congress
Power of the Mint Act
- Stage
- In committee
- Sponsor
- Jake Auchincloss
- Introduced
- 2023-05-17
- Latest action
- 2023-05-17 · Introduced in House
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.