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21st Century Dollar Act

USA117th CongressHR-3506| House 
| Updated: 5/25/2021
J. French Hill

J. French Hill

Republican Representative

Arkansas

Cosponsors (5)
Lance Gooden (Republican)Mariannette Miller-Meeks (Republican)William R. Timmons (Republican)James A. Himes (Democratic)Byron Donalds (Republican)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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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Timeline
May 25, 2021
Introduced in House
May 25, 2021
Referred to the House Committee on Financial Services.
  • May 25, 2021
    Introduced in House


  • May 25, 2021
    Referred to the House Committee on Financial Services.

Foreign Trade and International Finance

Related Bills

  • HR 117-4792: Countering Communist China Act
AsiaChinaCongressional oversightCurrencyDigital mediaForeign and international bankingInternational monetary system and foreign exchange

21st Century Dollar Act

USA117th CongressHR-3506| House 
| Updated: 5/25/2021
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
May 25, 2021
Introduced in House
May 25, 2021
Referred to the House Committee on Financial Services.
  • May 25, 2021
    Introduced in House


  • May 25, 2021
    Referred to the House Committee on Financial Services.
J. French Hill

J. French Hill

Republican Representative

Arkansas

Cosponsors (5)
Lance Gooden (Republican)Mariannette Miller-Meeks (Republican)William R. Timmons (Republican)James A. Himes (Democratic)Byron Donalds (Republican)

Financial Services Committee

Foreign Trade and International Finance

Related Bills

  • HR 117-4792: Countering Communist China Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
AsiaChinaCongressional oversightCurrencyDigital mediaForeign and international bankingInternational monetary system and foreign exchange