[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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