S 3784
117th Congress
Senate
International Affairs
Say No to the Silk Road Act
Introduced: March 8, 2022
Introduced by:
Blackburn, Marsha
Republican
· Tennessee
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 8, 2022
Read twice and referred to the Committee on Foreign Relations.
Mar 8, 2022
Introduced in Senate
Plain-English 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.
What's happening now
Read twice and referred to the Committee on Foreign Relations.
Committees of jurisdiction
1