[Congressional Record Volume 172, Number 43 (Monday, March 9, 2026)]
[Senate]
[Page S938]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 4391. Mr. HAGERTY submitted an amendment intended to be proposed 
to amendment SA 4308 proposed by Mr. Scott of South Carolina (for 
himself and Ms. Warren) to the bill H.R. 6644, a bill to increase the 
supply of housing in America, and for other purposes; which was ordered 
to lie on the table; as follows:

       In section 16A of the Federal Reserve Act, as added by 
     section 1001 of the amendment, add at the end the following:
       ``(e) Rule of Construction.--Nothing in this section, 
     including the termination or sunset of this section, shall be 
     construed as granting the Board of Governors of the Federal 
     Reserve System or a Federal reserve bank any authority to 
     issue or create a central bank digital currency or any 
     digital asset that is substantially similar to a central bank 
     digital currency directly or indirectly through a financial 
     institution or other intermediary.''.
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