Anti-CBDC Surveillance State Act

This bill prohibits the Federal Reserve System from developing, testing, or issuing any central bank digital currency (CBDC) or similar digital assets. It bans the Federal Reserve from offering direct products/services to individuals, maintaining personal accounts, or issuing CBDCs either directly or through financial intermediaries. The bill also explicitly prevents the Federal Reserve Board and Federal Open Market Committee from using digital assets for monetary policy. It includes an exception for physical U.S. currency, preserving its privacy protections, and states Congress believes the Fed lacks authority to issue CBDCs without constitutional amendment.