Tag Archives: Banking For All

The pending BANKING FOR ALL ACT… and you

116th CONGRESS
2d Session

S.3571

To require member banks to maintain pass-through digital dollar wallets for certain persons, and for other purposes.


IN THE SENATE OF THE UNITED STATES

March 23, 2020

Mr. Brown introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs


A BILL

To require member banks to maintain pass-through digital dollar wallets for certain persons, and for other purposes.


IN  GENERAL

All  Federal  reserve  banks shall,  not  later  than  January  1,  2021,  make  digital  wallets  available  to  all  residents  and  citizens  of  the United  States  and  to  businesses  domiciled  in  the  United States.

Complete Text Available As: PDF 

How it works …