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S. 1124IntroducedSenate · nowHousePresidentLawIn committee
Sec. 5 · S. 1124

Sense of Congress

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It is the sense of Congress that the Board of Governors of the Federal Reserve does not have the authority to issue a central bank digital currency, or any digital asset that is substantially similar under any other name or label, and will not have such authority unless Congress grants such authority pursuant to section 8 of article I of the Constitution of the United States.

Sec. 5: Sense of Congress · Public Law Tracker