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HR 9157 117th Congress House Finance and Financial Sector

To define the dollar as a fixed weight of gold, and for other purposes.

Introduced: October 7, 2022 See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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
Oct 7, 2022
Referred to the House Committee on Financial Services.
Oct 7, 2022
Introduced in House
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 Plain-English summary Congressional Research Service

This bill requires the Department of the Treasury to define the Federal Reserve note dollar in terms of a fixed weight of gold, based on that day's closing market price of gold. Federal Reserve Banks must exchange Federal Reserve notes with gold at this price. If a Federal Reserve Bank does not do this, Treasury must make any exchange and place a corresponding lien on the assets of that bank.

In addition, Treasury and the Board of Governors of the Federal Reserve must report on U.S. gold holdings.

What's happening now October 7, 2022

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 2
R
Biggs, Andy
Arizona · Nov 17, 2022
 R
Gosar, Paul A.
Arizona · Nov 7, 2022
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 9157: To define the dollar as a fixed weight of gold, and for other purposes.. 117th Congress. Open America. https://openamerica.io/bill/117-HR-9157/
MLA
"H.R. 9157: To define the dollar as a fixed weight of gold, and for other purposes.." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-9157/.
Bluebook (legal)
H.R. 9157, 117th Cong. (2026), https://openamerica.io/bill/117-HR-9157/.
Markdown link
[H.R. 9157: To define the dollar as a fixed weight of gold, and for other purposes.](https://openamerica.io/bill/117-HR-9157/)
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