Power of the Mint Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 4438 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 4438 To prohibit the Board of Governors of the Federal Reserve and the Secretary of the Treasury from issuing a central bank digital currency, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES July 16, 2025 Mr. Auchincloss introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To prohibit the Board of Governors of the Federal Reserve and the Secretary of the Treasury from issuing a central bank digital currency, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Power of the Mint Act''. SEC. 2. FINDINGS. The Congress finds the following: (1) The article I, section 8 of the Constitution states that only Congress has the authority to coin money and regulate the value of such money. (2) The Federal …