On July 17, the U.S. House of Representatives passed H.R. 1919 by a 219-210 vote. This important bill that would prevent the Federal Reserve from creating a central bank digital currency now heads to the U.S. Senate for consideration.

H.R. 1919, titled the “CBDC Anti-Surveillance State Act,” is sponsored by Representative Tom Emmer (R-Minn.) and cosponsored by 135 representatives. If enacted, it would ban the creation of a central bank digital currency (CBDC); for example, H.R. 1122 states:

…(A) A Federal reserve bank may not— “(i) offer financial products or services directly to an individual; “(ii) maintain an account on behalf of an individual; or “(iii) issue a central bank digital currency, …
… Governors of the Federal Reserve System may not test, study, develop, create, or implement a central bank digital currency, or any digital asset that is substantially similar under any other name or label.

Except as specifically authorized under this Act, a Federal reserve bank may not offer products or services directly to an individual, maintain an account on behalf of an individual, or issue a central bank digital currency directly to an individual….

The Board of Governors of the Federal Reserve System and the Federal Open Market Committee may not use any central bank digital currency to implement monetary policy.

A digital currency is a major and imminent threat to Americans’ liberty and privacy.

A CBDC would amount to a major expansion of the federal government’s powers, allowing it to restrict our personal freedoms and implement its leftist agenda with no opposition. A digital currency would be centrally controlled by the Federal Reserve, allowing it to oversee all our transactions and thus obliterating privacy and anonymity. Additionally, the Federal Reserve would be able to set the rules for a digital currency — it could prevent Americans from using it for transactions that the Fed’s leaders and other globalist elites dislike.
Contact and urge your U.S. senators to enact the CBDC Anti-Surveillance State Act (H.R. 1919) and oppose the creation of any digital currency.
https://campaigns.civiclick.com/d5320313-5eed-47d6-982b-7ffa059f91f1

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