HB10017: Permanent CBDC Ban Act

What the bill says

To permanently prohibit the Board of Governors of the Federal Reserve System or a Federal reserve bank from issuing or creating a central bank digital currency, and for other purposes.

From the introduced text, August 3, 2026:

A BILL To permanently prohibit the Board of Governors of the Federal Reserve System or a Federal reserve bank from issuing or creating a central bank digital currency, and for other purposes. SECTION 1. Short title This Act may be cited as the Permanent CBDC Ban Act . SECTION 2. Permanent prohibition Section 16A of the Federal Reserve Act is amended by striking subsection (d) and redesignating subsection (e) as subsection (d).

Read the full official text

Sponsors

• Michael Cloud (R, HD-027) · primary sponsor
• Byron Donalds (R, HD-FL-19)
• Mark Messmer (R, HD-008)
• Chip Roy (R, HD-021)
• Earl Carter (R, HD-GA-1)
• Barry Moore (R, HD-AL-2)
• Scott Perry (R, HD-010)
• Andrew Clyde (R, HD-009)
• Richard McCormick (R, HD-GA-6)
• Greg Steube (R, HD-FL-17)
• Keith Self (R, HD-003)
• Nancy Mace (R, HD-001)

Latest actions

1. August 3, 2026: Referred to the House Committee on Financial Services.
2. August 3, 2026: Introduced in House

Common questions

What is HB10017?

HB10017 is a bill in Congress (119th Congress): Permanent CBDC Ban Act.

What does HB10017 do?

In its own words: To permanently prohibit the Board of Governors of the Federal Reserve System or a Federal reserve bank from issuing or creating a central bank digital currency, and for other purposes.

What is the status of HB10017?

In committee as of August 3, 2026. Latest action: Referred to the House Committee on Financial Services. (August 3, 2026).

Who sponsored HB10017?

Michael Cloud (R, HD-027), with 11 co-sponsors.

Where is the official record for HB10017?

On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/10017