The U.S. Senate Banking Committee's bipartisan housing bill, the "21st Century ROAD to Housing Act," includes a provision temporarily banning the issuance of central bank digital currencies (CBDCs) by the Federal Reserve Board or regional Federal Reserve Banks until December 31, 2030. This restriction applies unless specific exceptions are met. The provision allows for privately issued, permissionless digital currencies denominated in U.S. dollars that maintain cash-like privacy protections. The White House has expressed support for this provision, according to an administrative policy statement.