As Congress works to shape the future of digital assets, three important bills—H.R. 1919, H.R. 3633, and S. 1582—offer a strong, commonsense path forward. These proposals support innovation, protect individual freedom, and limit the reach of government—key principles that help people and businesses thrive.
The Anti-CBDC Surveillance State Act (H.R. 1919), led by Rep. Tom Emmer (R-MN), would stop the Federal Reserve from creating a central bank digital currency (CBDC) that could be used to track Americans’ financial activity. The Digital Market Clarity Act (H.R. 3633), sponsored by Reps. French Hill (R-AR) and Glenn Thompson (R-PA), helps innovators by clearly defining which federal agency oversees which type of digital asset. Both of these bills passed the House and now move to the Senate for further consideration.
The GENIUS Act (S. 1582), introduced by Sen. Bill Hagerty (R-TN), is already advancing in the Senate and is on its way to becoming law. It creates a smart, light-touch framework for stablecoins—digital assets tied to the dollar—and allows both states and the federal government to oversee them. This approach supports innovation and consumer choice while keeping strong protections in place.
Together, these bills offer a better way to handle digital assets—one that keeps government in check, encourages growth, and helps America stay ahead. Americans for Prosperity supports their progress and looks forward to working with lawmakers to get them across the finish line.
Take a look at our Letters of Support to Congress here:
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