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✨On March 6, 2026, 29 members of Congress (including Michael Cloud), led by US House Representative Michael Cloud, sent a joint letter to House Speaker Mike Johnson and Senate Majority Leader John Thune. The letter demanded that a Central Bank Digital Currency (CBDC), or "digital dollar," never be implemented in the US and be permanently banned.
✨ The letter highlighted the following critical points:
A CBDC is an "unconstitutional financial surveillance" tool that would give the Federal Reserve the authority to track and monitor the spending of American citizens.
It would grant unelected bureaucrats (the Fed) "unprecedented power" over the financial freedom of individuals. "Issuing a CBDC is inherently anti-American" and violates civil liberties and financial freedom.
The Senate's 21st Century ROAD to Housing Act (H.R. 6644) includes a temporary CBDC ban until the end of 2030; This is a "diluted" version and is insufficient.
✨The CBDC debate in the US has been ongoing for years. The Federal Reserve is researching a digital dollar, but there is no official decision yet. It creates a "competitive advantage" for Bitcoin and other decentralized cryptocurrencies. If a centralized alternative like CBDC is eliminated, free currencies (Bitcoin) will be adopted more widely. Constitutional freedoms will be strengthened; the Fed's excessive authority will be limited.
✨The crypto community describes this step as "historic" and expects an indirect positive impact on the Bitcoin price.
As of March 8, 2026, the letter was recently sent and no legal changes have been made yet. The vote on the 21st Century ROAD to Housing Act bill in the Senate may come up in the coming days. Members of Congress have clearly stated that the bill will be rejected if it comes to the House without a permanent ban clause.
H.R. 1919 is pending in the Senate; S. 464 has not progressed. There are currently no plans for any CBDC launch, but the Fed's research continues. This letter strengthens the Republican majority's anti-CBDC stance and has become a critical pressure point in the legislative process. In short, the demand by 29 congress members for a permanent CBDC ban is a significant step that could shape the future of digital currency in the US. This privacy and freedom-focused struggle aims to build a strong wall against government-controlled digital currency while supporting the rise of assets like Bitcoin. Developments should be closely monitored; the Senate's decision will determine everything.