HR 3402 · 118th Congress 2023–2025, ended

Power of the Mint Act

Fact sheet

Latest action · May 17, 2023 Referred to the House Committee on Financial Services.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedMay 17, 2023
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Power of the Mint Act

This bill prohibits the Board of Governors of the Federal Reserve from issuing a central bank digital currency. Further, the Department of the Treasury is prohibited from directing the board to issue a central bank digital currency.

Cosponsors 5

Members who signed on, in the order they did. Signatures ran from May 17, 2023 to Oct 12, 2023, with 1 there on the day it was introduced.

SeatCosponsorSigned on
R-ARJ. French HillOriginalMay 17, 2023
R-ALBarry MooreMay 24, 2023
D-NYRitchie TorresJul 25, 2023
D-NCWiley NickelJul 27, 2023
D-WAMarie Gluesenkamp PerezOct 12, 2023

Actions 3

Everything that happened, newest first.

  1. May 17, 2023Introduced in House
  2. May 17, 2023Referred to the House Committee on Financial Services.
  3. May 17, 2023Sponsor introductory remarks on measure. (CR H2383)

Subjects

Assigned by the Library of Congress. Policy area: Finance and Financial Sector.

Text 1

Each version as it was printed, newest first.

  1. May 17, 2023Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.