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Bill > HRes1243


US HRes1243

US HRes1243
Providing for consideration of the bill (H.R. 4763) to provide for a system of regulation of digital assets by the Commodity Futures Trading Commission and the Securities and Exchange Commission, and for other purposes; providing for consideration of the bill (H.R. 5403) 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


summary

Introduced
05/21/2024
In Committee
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

Providing for consideration of the bill (H.R. 4763) to provide for a system of regulation of digital assets by the Commodity Futures Trading Commission and the Securities and Exchange Commission, and for other purposes; providing for consideration of the bill (H.R. 5403) 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; and providing for consideration of the bill (H.R. 192) to prohibit individuals who are not citizens of the United States from voting in elections in the District of Columbia.

AI Summary

This Resolution sets forth the rules for considering three different bills in the House of Representatives. First, it allows for the consideration of H.R. 4763, which aims to establish a regulatory framework for digital assets, commonly known as cryptocurrencies, by assigning oversight responsibilities to the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). Second, it provides for the consideration of H.R. 5403, a bill that would amend the Federal Reserve Act to prevent Federal Reserve banks from offering certain services directly to individuals and to prohibit the use of a central bank digital currency (CBDC) for monetary policy purposes. Finally, it allows for the consideration of H.R. 192, a bill that would prohibit non-U.S. citizens from voting in elections within the District of Columbia. For each bill, the Resolution outlines specific procedures for debate, amendment, and voting, generally waiving points of order to expedite the legislative process.

Sponsors (1)

Last Action

Motion to reconsider laid on the table Agreed to without objection. (on 05/22/2024)

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