CBDC Anti-Surveillance State Act

This bill prohibits the Federal Reserve and Treasury from issuing or using central bank digital currency (CBDC) - a digital form of U.S. dollars backed by the Federal Reserve. It bans the Fed from offering CBDC directly to individuals or indirectly through banks (Section 2-3), prevents using CBDC for monetary policy (Section 4), and requires congressional approval for any future CBDC issuance (Section 5). The law explicitly protects existing physical currency and open digital payment systems that preserve privacy (Section 6). It directly affects the Federal Reserve System and Treasury, restricting their ability to develop or deploy digital currency without new legislation.