Say No to the Silk Road Act
Summary
Say No to the Silk Road Act This bill requires various actions pertaining to China's sovereign digital currency. Specifically, the bill requires (1) the Office of Management and Budget to develop guidance for executive agencies pertaining to security requirements for the use of China's sovereign digital currency, (2) countries accepting assistance through the Foreign Military Financing Program to disclose any use of such currency as a settlement or reserve currency, and (3) the Department of State to include on its public website a warning for travelers about the dangers of such currency.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2022
Committee Review
Floor Vote
President
Introduced Mar 8, 2022
Last action Mar 8, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 8, 2022
Committee
Read twice and referred to the Committee on Foreign Relations.
upper
Mar 8, 2022
Introduced
Introduced in Senate
upper
1 primary · 8 co-sponsors
Sponsors
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