21st Century Dollar Act
- Last Action
- 5/25/2021
Actions
- 2021-05-25Referred to the House Committee on Financial Services.
- 2021-05-25Introduced in House
- 2021-05-25Introduced in House
CRS Summary
As of 2021-05-25 (00)
21st Century Dollar Act
This bill requires the Department of the Treasury to establish a strategy to facilitate the position of the dollar as the primary global reserve currency.
Treasury must submit a report that includes (1) steps taken to implement this strategy, legislative recommendations, and efforts by major foreign central banks to create an official digital currency; and (2) an evaluation of the role of the renminbi (the official currency of China) in international payments and foreign exchange reserves.
Cosponsors (5)
- James Himes (D-CT)
- Byron Donalds (R-FL)
- Lance Gooden (R-TX)
- William Timmons (R-SC)
- Mariannette Miller-Meeks (R-IA)
Subjects
- Asia
- China
- Congressional oversight
- Currency
- Digital media
- Foreign and international banking
- International monetary system and foreign exchange
Sourced from Congress.gov (public domain).
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