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Politiparty

118th Congress Foreign Trade and International Finance

H.R. 556: 21st Century Dollar Act

Introduced

  1. Introduced (completed)Jan 26, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Jan 26, 2023

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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

7

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1J. Hill R-AR SponsorDrew cross-party cosponsors, introduced2 events+6
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Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by J. Hill

History

  1. Jan 26, 2023Introduced in the House by J. Hill.
Show the full action history (2 actions)
  1. Jan 26, 2023Introduced in House
  2. Jan 26, 2023Referred to the House Committee on Financial Services.