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A bill to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, and for other purposes.
12/29/2022, 10:48 PM
Congressional Summary of S 3954
This bill prohibits a Federal Reserve bank from offering products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a central bank digital currency directly to an individual.
Read the Full Bill
Current Status of Bill S 3954
Bill S 3954 is currently in the status of Bill Introduced since March 30, 2022. Bill S 3954 was introduced during Congress 117 and was introduced to the Senate on March 30, 2022. Bill S 3954's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of March 30, 2022
Bipartisan Support of Bill S 3954
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3954
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill S 3954
A bill to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, and for other purposes.
A bill to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, and for other purposes.
Comments
Sponsors and Cosponsors of S 3954
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To amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, and for other purposes.
Bill HR 6415December 30, 2022