OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Anti-Cbdc Surveillance State Act

Floor Speech

Date: July 17, 2025
Location: Washington, DC

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Mr. KILEY of California. Mr. Speaker, the Biden administration started us down the road of adopting a Central Bank Digital Currency issued by the Federal Reserve without the consent of the American people or their Representatives here in Congress.

Today, we are saying no. We are not the Chinese Communist Party. We are not going to turn the central bank of the United States into a giant panopticon, capable of tracking and surveilling every American citizen, while keeping a watchful eye on each and every one of your financial transactions, crediting or discrediting, or punishing you based on your personal behavior, and restricting that behavior with the tap of a button. Nothing could be more inimical to the liberty and privacy on which American greatness depends.

Mr. Speaker, I am proud to be a sponsor of this critical legislation and look forward to its passage on the House floor today.

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