HR 3506 United States House · 117th Congress

21st Century Dollar Act

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 status in committee 1 of 4 stages cleared
Introduction
May 2021
Committee Review
Floor Vote
President
Introduced May 25, 2021 Last action May 25, 2021
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
May 25, 2021
Committee
Referred to the House Committee on Financial Services.
lower
May 25, 2021
Introduced
Introduced in House
lower
1 primary · 5 co-sponsors

Sponsors