Senate Votes 89-10 to Ban Federal Reserve Digital Dollar Until 2030

US Senate votes 89-10 to ban Federal Reserve digital dollar until 2030, attached to bipartisan housing bill, boosting private stablecoin sector.

Senate Votes 89-10 to Ban Federal Reserve Digital Dollar Until 2030 US Senate votes 89-10 to ban Federal Reserve digital dollar until 2030, attached to bipartisan housing bill, boosting private stablecoin sector. March 13, 2026 Key Takeaways: The US Senate passed a CBDC ban with an 89-10 bipartisan vote on March 12, prohibiting the Federal Reserve from issuing a digital dollar until at least 2030. The ban was attached to the 21st Century ROAD to Housing Act, which also limits institutional ownership of single-family homes. Industry groups called the vote a win for financial privacy and private-sector stablecoin innovation. The US Senate passed a housing bill on March 12 that carries a provision banning the Federal Reserve from issuing a central bank digital currency until at least 2030. The vote was 89 to 10. The provision, tucked into the final pages of the 302-page 21st Century ROAD to Housing Act, prohibits the Fed from creating a digital dollar directly or through financial intermediaries. Privately issued stablecoins are explicitly exempted if they are open, permissionless, and preserve privacy protections comparable to physical currency. Privacy Over Surveillance The bipartisan margin tells the story. Republican lawmakers have opposed CBDCs for years on privacy grounds. Democrats who voted yes cited the housing provisions. The result: nearly unanimous agreement that the federal government should not build a programmable digital currency. Digital Chamber CEO Cody Carbone said financial privacy is a cornerstone of American freedom. Blockchain Association CEO Summer Mersinger said a government-issued CBDC would threaten civil liberties by giving the government unprecedented visibility into everyday transactions. The bill still faces hurdles. House lawmakers signaled