S.Res. 460 · 118th Congress · Senate

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.

Active· Referred to the Committee on Foreign Relations. (text: CR S5479)
Introduced
Nov 13, 23
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.

Action Timeline

2
  1. NOV 13, 2023IntroReferral

    Introduced in Senate

  2. NOV 13, 2023IntroReferral

    Referred to the Committee on Foreign Relations. (text: CR S5479)

Committees

1

Foreign Relations Committee

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Referred: Nov 13, 2023

Active