The U.S. House of Representatives has passed H.R. 5403, the CBDC Anti-Surveillance State Act, a Republican-led bill aimed at preventing the implementation of a central bank digital currency (CBDC) that could be used for surveillance purposes. The bill, spearheaded by the GOP Majority Whip, seeks to protect Americans' financial privacy by prohibiting the federal government from issuing a CBDC without explicit congressional approval. House Republicans argue that a CBDC could be weaponized to monitor and control financial transactions, similar to tools used by the Chinese Communist Party (CCP). The legislation has garnered significant support from Republican lawmakers, including RepMaxMiller, RepSteveWomack, RepStefanik, RepFischbach, RepRudyYakym, RepOgles, RepJerryCarl, RepFitzgerald, RepMeuser, and RepRosendale, who emphasize the need to safeguard individual freedoms and prevent the erosion of privacy rights.
Allowing federal bureaucrats to spy on Americans’ financial transactions is the first step to establishing a social credit system nationwide. I proudly voted today to preserve American financial freedom and ban CBDC surveillance!
I proudly voted to pass @FinancialCmte's bill to stop the Fed from issuing a CBDC without the express permission of Congress. It's critical Congress take action to keep Biden's weaponized bureaucrats from turning our financial system into a surveillance state. https://t.co/qm2ZqvI7oj
Today, I voted for and stand in strong support of H.R. 5403, the CBDC Anti-Surveillance State Act. Protecting Americans' privacy and upholding the Constitution is paramount. I oppose any creation of a CBDC that could be used to spy on citizens. This vital legislation from…
A surveillance-style CBDC is a #CCP tool waiting to be weaponized against Americans and American businesses. @GOPMajorityWhip's HR 5403 would prohibit unelected bureaucrats at the Fed from issuing CBDCs, protecting our free-market economy and ensuring Americans’ hard-earned…
Implementing a CBDC will push America toward an Orwellian nightmare, resembling the worst totalitarian regimes. Thanks to @HouseGOP for passing my amendment to block this intrusive monitoring scheme from ever becoming reality. https://t.co/Hd0bJZrtC2
House Passes Anti-CBDC Bill to Prevent Chinese-Style Surveillance of America ► https://t.co/dPOeggQTAn https://t.co/dPOeggQTAn
Biden and unelected bureaucrats want to create a central bank digital currency, which will destroy Americans’ financial privacy and be weaponized against us. I just voted to protect Americans’ privacy and stop financial surveillance.
US House of Representatives pass Republican-led anti-CBDC bill along partisan lines https://t.co/oxjaDHi8rk
Just voted with @HouseGOP to stand up for liberty and pass @GOPMajorityWhip’s CBDC Anti-Surveillance State Act. Nothing is more un-American than giving the feds CCP-style surveillance tools and the power to monitor our financial transactions. Not here, not now, not ever.
The House is getting ready to vote on my CBDC Anti-Surveillance State Act. We’ll be one step closer to ensuring unelected bureaucrats are NEVER allowed to trade Americans' financial privacy for a surveillance-style CBDC. Here’s what key stakeholders are saying about our bill:
#WATCH: @GOPMajorityWhip speaks on the House floor in support of his bill, H.R. 5403, the CBDC Anti-Surveillance State Act: "My bill ensures that the United States' digital currency policy remains in the hands of the American people, not the administrative state." 📺 👇 https://t.co/QajUy9baIj
House Republicans are defending Americans’ financial privacy with H.R. 5403, the CBDC Anti-Surveillance State Act. I’m proud to join my Republican Colleagues in saying NO to government-issued Communist Chinese style digital currencies and YES to freedom.
The CCP uses central bank digital currency to control and surveil its population. I’m joining fellow Minnesotan @GOPMajorityWhip in protecting the financial privacy of Americans in the CBDC Anti-Surveillance State Act.
The Biden Administration has proven they are itching to trade Americans’ right to privacy for a CCP-style CBDC surveillance tool. The @HouseGOP is not going to let that happen. https://t.co/3QEoNbCSgO
I’m proud to join my House Republican colleagues in supporting H.R.4763, the Financial Innovation and Technology for the 21st Century Act, which protects consumers and unleashes innovation in digital asset markets. It's time to stop unelected bureaucrats from stifling progress…
CBDCs are a CCP-style surveillance tool that can be weaponized to oppress the American way of life. I'm a proud cosponsor of @GOPMajorityWhip's bill to protect Americans' financial privacy, which the House will vote on this week. https://t.co/u0Nk814hew
This week I look forward to supporting @GOPMajorityWhip's CBDC Anti-Surveillance State Act to keep government in check. The federal government has no place spying on Americans’ transactions. https://t.co/6PB0w0XMnD