A resolution supporting the United States dollar as the reserve currency of the world and combating the economic influence of the People's Republic of China.
SRES 460 is a non-binding Senate resolution expressing support for the U.S. dollar as the global reserve currency and highlighting concerns about China's economic influence. It cites China's growing use of the renminbi in global reserves, its Belt and Road Initiative investments, and efforts to expand the digital yuan for cross-border trade. The resolution urges the U.S. to "protect" the dollar's status, monitor China's actions, and strengthen economic ties with allies. As a resolution, it does not create new laws or policies but formally states the Senate's position on these economic matters.
Bill status
in committee
1 of 4 stages cleared
Introduction
Nov 2023
Committee Review
Floor Vote
President
Introduced Nov 13, 2023
Last action Nov 13, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Nov 13, 2023
Committee
Referred to the Committee on Foreign Relations. (text: CR S5479)
upper
Nov 13, 2023
Introduced
Introduced in Senate
upper
1 primary · 5 co-sponsors
Sponsors
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