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SRES713Referred to Committee

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.

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-04-30
Introduced
1
Cosponsors
SRES
ⓘ
Type

Sponsor

Ted Budd
Ted Budd
Republican · NC · Senator

Latest Action

Referred to the Committee on Foreign Relations. (text: CR S2176-2177)

2026-04-30

Bill Summary

This resolution expresses support for maintaining the U.S. dollar's position as the world's primary currency for international trade and reserves, while opposing efforts by China to reduce reliance on the dollar in global commerce. The measure aims to protect American economic influence and competitiveness by countering Chinese initiatives to promote alternative currencies and payment systems. It affects American businesses, investors, and policymakers by signaling congressional intent to defend the dollar's dominant role in international finance.

Subjects

International Affairs
Read the full bill text
Read Full TextCongress.gov