Fallen Servicemembers Religious Heritage Restoration Act

Summary

Requires the FBI to send monthly written statements to the Office of the Director of National Intelligence (ODNI) Civil Liberties Protection Officer (CLPO) about each query of United States-person information drawn from intelligence acquired under Section 702, gives the CLPO authority to review those statements for compliance with targeting and minimization rules and to refer suspected noncompliance or abuse to the Inspector General of the Intelligence Community (IC IG), and creates new criminal offenses and stiffer penalties for certain improper queries or false attestations about compliance. Separately, it bars the Federal Reserve Board and Federal Reserve banks from creating, testing, offering, or maintaining a central bank digital currency (CBDC) or any substantially similar digital asset for the public, while allowing private, open, permissionless dollar-denominated digital currencies that preserve cash-like privacy protections.

• FBI must send monthly written reports to the ODNI Civil Liberties Protection Officer about each US‑person query of Section 702–acquired information.
• The ODNI Civil Liberties Protection Officer must review those reports for compliance with targeting and minimization rules and refer suspected problems to the IC Inspector General.
• The IC Inspector General must investigate referred queries to determine whether they violate law, rules, or constitute abuses of authority.
• Two new criminal offenses target FBI employees who knowingly violate US‑person query rules or falsify compliance statements; penalties up to 5 years imprisonment and fines.
• Federal Reserve Board and Federal Reserve banks are prohibited from creating, testing, offering, or maintaining a retail CBDC or substantially similar asset for the public.
• The bill defines CBDC as a digital liability of the Federal Reserve widely available to the public, while allowing private, open, permissionless dollar‑denominated digital currencies that preserve cash privacy.
• No new appropriations or emergency spending are included; the changes mainly create compliance, oversight, investigatory, and criminal enforcement duties.
• The package couples increased civil‑liberties oversight in the intelligence sphere with a statutory ban on a retail Fed digital currency — two distinct policy areas in one bill.