II 118th CONGRESS 2d Session S. 3801 IN THE SENATE OF THE UNITED STATES February 26, 2024 Mr. Cruz (for himself, Mr. Hagerty , Mr. Scott of Florida , Mr. Braun , Mr. Budd , and Mr. Cramer ) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To amend the Federal Reserve Act to prohibit the Federal Reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.