HR 1919passed_one119th Congress

Anti-CBDC Surveillance State Act

Introduced Mar 6, 2025House billPolicy area: Finance and Financial SectorLast action Jul 17, 2025Sponsor: Tom Emmer(R-MN)

financeFinance and Financial Sector

Financial Services Committee

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Official summaryUpdated Jul 17, 2025

What the bill does

Anti-CBDC Surveillance State Act This bill prohibits a Federal Reserve bank from offering products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a central bank digital currency (i.e., a digital dollar). Further, the Board of Governors of the Federal Reserve System is prohibited from using a central bank digital currency to implement monetary policy or from testing, studying, creating, or implementing a central bank digital currency, with exceptions as provided by the bill.

Latest official action

Motion to reconsider laid on the table Agreed to without objection.

Lobbying Filings

$1022.3M

Total Lobbying Spend

Suspicious Trades

Members Involved

Timeline

Jan 24, 2025trade

Gilbert Ray Cisneros, Jr. bought K

Mar 6, 2025bill

Bill introduced

Apr 8, 2025trade

Robert P. Bresnahan, Jr. bought K

Apr 8, 2025trade

Robert P. Bresnahan, Jr. bought K

Apr 8, 2025trade

Robert P. Bresnahan, Jr. bought K

Apr 8, 2025trade

Robert P. Bresnahan, Jr. bought K

Official Congressional Actions

Jul 17, 2025Floor

DEBATE - The House proceeded with one hour of debate on H.R. 1919.

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Jul 17, 2025Floor

Motion to reconsider laid on the table Agreed to without objection.

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Jul 17, 2025Floor

The previous question was ordered pursuant to the rule.

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Jul 17, 2025Floor

Passed/agreed to in House: On passage Passed by the Yeas and Nays: 219 - 210 (Roll no. 201).

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Jul 17, 2025

Lobbying Activity

Registrant	Client	Amount	Filed	Period	Issues
AMERICAN BANKERS ASSOCIATION	AMERICAN BANKERS ASSOCIATION	$196.0M	Jul 21, 2025	2025Q2	ACCAGRBAN
AMERICAN BANKERS ASSOCIATION	AMERICAN BANKERS ASSOCIATION	$173.0M	Apr 21, 2025	2025Q1	BUDCPTFIN
CREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS

Suspicious Trading Activity

Congress members who traded stocks in companies connected to lobbying on this bill, within 90 days of its introduction date.

Member	Party	Ticker	Company	Trade	Date	Amount	Timing	Lobbying Client	Conflict
Robert P. Bresnahan, Jr.	R	K	K	Buy	Apr 8, 2025	$1,001 - $15,000	33d after	AMERICAN BANKERS ASSOCIATION	37%
Robert P. Bresnahan, Jr.	R

Conflict Summary

12 trades by 2 members of Congress in companies connected to lobbying on HR 1919. The average conflict score is 35%.

Robert P. Bresnahan, Jr. (4 trades)Gilbert Ray Cisneros, Jr. (8 trades)

Votes on This Bill

Member	Party	Position	Date
Gwen Moore	D	nay	Jul 17, 2025
Doris O. Matsui	D	nay	Jul 17, 2025
Tom McClintock	R	yea	Jul 17, 2025
Thomas Massie	R	not_voting	Jul 17, 2025

Methodology: Bill-Lobbying-Trade Connection

CapitolExposed identifies the "bill-lobbying-trade pipeline" by: (1) finding lobbying filings (LD-2) that specifically mention this bill, (2) matching lobbying clients to publicly traded companies, and (3) finding stock trades by members of Congress in those companies within 90 days of the bill's introduction date. Trades made before the bill was introduced are highlighted in red, as they may indicate advance knowledge. This analysis surfaces correlations worthy of scrutiny; it does not prove wrongdoing.