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S 2357 116th Congress Senate Foreign Trade and International Finance Banking and financial institutions regulation Federal Reserve System Free trade and trade barriers International monetary system and foreign exchange User charges and fees

Competitive Dollar for Jobs and Prosperity Act

Introduced: July 31, 2019 Introduced by: Baldwin, Tammy Democratic · Wisconsin See on congress.gov
This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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
Jul 31, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 31, 2019
Introduced in Senate
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 Plain-English summary Congressional Research Service

Competitive Dollar for Jobs and Prosperity Act

This bill requires the Federal Reserve Board to impose a market access charge on foreign purchasers of U.S. assets. The board must levy this charge in order to achieve and maintain a current account balance (i.e., current account surpluses or deficits that do not exceed an average of 0.5% of U.S. gross domestic product).

What's happening now July 31, 2019

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 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). S. 2357: Competitive Dollar for Jobs and Prosperity Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-2357/
MLA
"S. 2357: Competitive Dollar for Jobs and Prosperity Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-2357/.
Bluebook (legal)
S. 2357, 116th Cong. (2026), https://openamerica.io/bill/116-S-2357/.
Markdown link
[S. 2357: Competitive Dollar for Jobs and Prosperity Act](https://openamerica.io/bill/116-S-2357/)
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