HR 3506 · 117th Congress · Foreign Trade and International Finance

21st Century Dollar Act

Introduced 2021-05-25· Sponsored by Rep. Hill, J. French [R-AR-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2021-05-25)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

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

Cosponsors (5)

1 Democrat4 Republicans