Congress: CBDC Ban Advances in Housing Bill

Congress has pushed the central bank digital currency debate further than the Federal Reserve alone, with a temporary CBDC ban now embedded in Senate-passed housing legislation the House takes up this week. Rep. Dusty Johnson of the House Agriculture GOP Digital Assets Subcommittee stated that silence from Congress would leave the Federal Reserve's chances of developing a central bank digital currency very low. The move highlights lawmakers' direct role in shaping CBDC ban legislation and broader crypto market impact.