21st Century Dollar Act
United States118th CongressHR-556House of Representatives
Updated: Jan 26, 2023
Summary
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 texts
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
House of Representatives
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