SRES 460
118th Congress
Senate
Finance and Financial Sector
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.
Introduced: November 13, 2023
Introduced by:
Budd, Ted
Republican
· North Carolina
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 13, 2023
Referred to the Committee on Foreign Relations. (text: CR S5479)
Nov 13, 2023
Introduced in Senate
Plain-English summary
This resolution expresses the sense of the Senate that the United States must
- take steps to protect the U.S. dollar as the world's reserve currency and maintain its position as a key player in the global financial system,
- monitor and counter China's efforts to undermine the U.S. dollar as the world's reserve currency,
- strengthen its economic ties with critical regions in order to provide an alternative to Chinese capital, and
- work with allies to promote economic policies that ensure growth and stability across developing countries.
What's happening now
Referred to the Committee on Foreign Relations. (text: CR S5479)
Committees of jurisdiction
1