Expressing the sense of the House of Representatives that the Board of Governors of the Federal Reserve System and the Federal Open Market Committee should not be permitted to develop, create, or implement a central bank digital currency, or use any such tool to implement monetary policy.

HRES 629 is a non-binding resolution expressing the House of Representatives' position that the Federal Reserve Board and Federal Open Market Committee should not develop, create, or implement a central bank digital currency (CBDC) or use such a tool for monetary policy. It directly addresses the Federal Reserve system and cites concerns about surveillance risks (referencing China's digital yuan), financial censorship (noting European and Canadian examples), and constitutional authority over currency. The resolution does not change law but formally opposes CBDC development, framing it as a threat to financial privacy and democratic principles. As a procedural resolution, it has no legal force but reflects the House's stance on this policy issue.