A new housing bill proposes to amend the Federal Reserve Act to block the U.S. central bank from issuing a central bank digital currency (CBDC) until 2030. The provision was included in the “21st Century ROAD to Housing Act” and has seen initial Senate support. The White House issued a statement endorsing the blockage, citing concerns that a CBDC could threaten privacy and liberty.
An amendment to the Federal Reserve Act has been proposed to ban the U.S. central bank from issuing a central bank digital currency until 2030. The language was found within the extensive “21st Century ROAD to Housing Act” released by the Senate Committee on Banking, Housing, and Urban Affairs.
The bill states the Federal Reserve “may not issue or create” a CBDC directly or through an intermediary. It contains a specific exception for open, permissionless, and private dollar-denominated stablecoins.
The White House quickly released a statement supporting the Act and the prevention of a CBDC. It said such a currency could “pose significant threats to personal privacy and liberty.”
The Senate advanced the legislation on a procedural cloture vote of 84-6 on Monday. This vote clears the way for full floor consideration.
This is not the first legislative attempt to block a U.S. CBDC. The “No CBDC Act” was introduced by Senator Mike Lee in February 2025 but stalled in Congress.
Further legislation, the “Anti-CBDC Surveillance State Act,” was introduced by Congressman Tom Emmer in June 2025. That bill passed a House vote in July but has not yet received full Senate approval.
According to the Atlantic Council’s CBDC tracker, only Nigeria, Jamaica, and The Bahamas have officially launched a CBDC. A total of 49 nations, including China, Russia, and India, are in the pilot testing phase.
