HR 2211 · 117th Congress · Finance and Financial Sector

Central Bank Digital Currency Study Act of 2021

Introduced 2021-03-26· Sponsored by Rep. Foster, Bill [D-IL-11]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2021-03-26)

Plain Language Summary

[AI summary unavailable — showing source text] Central Bank Digital Currency Study Act of 2021 This bill requires the Board of Governors of the Federal Reserve System to report on the impacts of the introduction of a central bank digital currency (CBDC) on consumers, businesses, monetary policy, and the U.S. financial system. Several countries are currently developing CBDCs in response to the growth of privately issued digital currencies such as Bitcoin.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican
Rep. Hill, J. French [R-AR-2]AR