The U.S. House of Representatives has passed the annual National Defense Authorization Act (NDAA) with a vote of 312–112, sending it to the Senate for consideration. Notably, the bill did not include a previously promised ban on central bank digital currencies (CBDCs), causing dissatisfaction among conservative members of the party. In July, House Republican leaders had agreed with hardliners to incorporate the ban into the NDAA. The initial version of the bill aimed to prohibit the Federal Reserve from testing, researching, developing, or issuing any digital currency and from directly providing financial products or services to individuals.