Senate to jam House with FISA extension that excludes digital currency ban
The Senate plans to advance a clean, short-term extension of the FISA surveillance program without the digital currency ban attached by the House. This move signals disagreement between the chambers over the inclusion of a provision banning the Federal Reserve from creating a central bank digital currency. The Senate will send its version back to the House before departing for a recess, increasing pressure to reach a compromise before the program expires.
- ▪The Senate is advancing a clean, short-term extension of FISA's Section 702 without the digital currency ban.
- ▪The House-passed version includes a ban on the Federal Reserve creating a central bank digital currency as part of a deal with conservative members.
- ▪Senate Majority Leader John Thune opposes the House version, stating it would be 'dead on arrival' due to the need for bipartisan support.
- ▪Section 702 grants the government warrantless surveillance authority over foreign nationals abroad and is set to expire Friday at midnight.
- ▪Over 40 House Democrats supported Speaker Mike Johnson’s three-year extension, helping him overcome internal GOP divisions.
Opening excerpt (first ~120 words) tap to expand
The Senate is thumbing its nose at a House-passed extension of a government surveillance program over the attachment of a central bank digital currency ban included by Speaker Mike Johnson (R-LA) as part of a deal with conservative holdouts. Instead, the upper chamber plans to move forward on Thursday with a clean extension of section 702 of the Foreign Intelligence Surveillance Act, which will last several weeks and does not include the digital currency attachment. The Senate plans to send the clean extension back to the House and then leave Washington for more than a weeklong recess.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Washington Examiner.
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