Congressman Michael Cloud (TX-27) introduced the Permanent CBDC Ban Act, legislation that would permanently prohibit the Federal Reserve from issuing or creating a Central Bank Digital Currency. The Permanent CBDC Ban Act is a direct response to a critical shortcoming in the 21st Century Road to Housing Act. The Permanent CBDC Ban Act would strike that expiration date and permanently prohibit the Federal Reserve from issuing a CBDC. Cosponsor Quotes:Congressman Keith Self: “I’m proud to join Congressman Michael Cloud as an original cosponsor of the Permanent CBDC Ban Act. I’m proud to be an original cosponsor of the Permanent CBDC Ban Act because protecting individual liberty means stopping dangerous ideas before they become permanent institutions.