According to @GOPMajorityWhip, the Anti-CBDC Surveillance State Act has passed out of the Financial Committee. This marks a significant step towards its passage in Congress, aiming to protect against government surveillance associated with Central Bank Digital Currencies (CBDCs). The bill's progress may impact market perceptions of CBDCs and influence trading activities related to digital currency regulations.

According to Tom Emmer, the Anti-CBDC Surveillance State Act has been reintroduced with 100 original cosponsors, aiming to prevent the Administrative State from surveilling financial transactions. This legislative move could impact the adoption and regulation of Central Bank Digital Currencies (CBDCs) by ensuring privacy and limiting government oversight in financial transactions.