House
Jan 26, 2023

21st Century Dollar Act

Summary

Official

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.

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Bill Progress

Bill has been introduced and assigned a number

Introduced(1/26/23)
Committee
Passed House
Passed Senate
President
Law

Sponsor

JH

Mr. Hill

House (R) Arkansas – 2

Cosponsors (7)

Latest Action

Referred to the House Committee on Financial Services.

Jan 26, 2023