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HR 5404 115th Congress House

To define the dollar as a fixed weight of gold.

Introduced: March 22, 2018 See on congress.gov
Finance and Financial Sector CurrencyGovernment information and archivesMonetary policy
This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 22, 2018
Referred to the House Committee on Financial Services.
Mar 22, 2018
Introduced in House
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 Latest action March 22, 2018

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5404: To define the dollar as a fixed weight of gold.. 115th Congress. Open America. https://openamerica.io/bill/115-HR-5404/
MLA
"H.R. 5404: To define the dollar as a fixed weight of gold.." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-5404/.
Bluebook (legal)
H.R. 5404, 115th Cong. (2026), https://openamerica.io/bill/115-HR-5404/.
Markdown link
[H.R. 5404: To define the dollar as a fixed weight of gold.](https://openamerica.io/bill/115-HR-5404/)
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