House
Jan 26, 202321st 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.
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