The U.S. Senate has passed a housing bill that includes a provision prohibiting the Federal Reserve from issuing a central bank digital currency (CBDC) for four years. This decision aligns with President Donald Trump's executive order from January 2025, which barred his administration from pursuing a CBDC, citing concerns over financial stability, privacy, and national sovereignty. The bill's passage reflects ongoing skepticism among some U.S. lawmakers regarding the implementation of a CBDC. New Fed Chair Kevin Warsh has publicly opposed the idea, labeling it a "bad policy choice." The legislation explicitly prevents the Federal Reserve and its banks from creating or managing a CBDC or any similar digital asset, either directly or through intermediaries.