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Senate Blocks CBDC Tie, Extends Section 702 to 2026

5/2/2026

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Story summary
  • Senate rejected the House proposal linking the FISA extension to a ban on a central bank digital currency.
  • Congress approved a 45-day Section 702 extension, moving the deadline to June 12, 2026, with the Senate giving unanimous consent and the House voting 261-111.
  • Lawmakers remain divided over adding a warrant requirement for searches of Americans’ data collected under Section 702.
  • Intelligence officials warn that such warrants could create gaps in critical foreign-intelligence collection.