HR 2558 · 116th Congress · Finance and Financial Sector

To define the dollar as a fixed weight of gold.

Introduced 2019-05-07· Sponsored by Rep. Mooney, Alexander X. [R-WV-2]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2019-05-07)

Plain Language Summary

[AI summary unavailable — showing source text] This bill requires the Department of the Treasury to define the dollar in terms of a fixed weight of gold, based on that day's closing market price of gold. The Federal Reserve Banks shall make Federal Reserve notes exchangeable with gold at the statutory gold definition of the dollar.…

Summarized by Claude AI · Non-partisan · For informational purposes only