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United States · Bill · S

S. 2357 (116th)

Competitive Dollar for Jobs and Prosperity Act

referredUnited States· United States Congress· EN

Introduced

31 July 2019

Last action

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Competitive Dollar for Jobs and Prosperity Act This bill requires the Federal Reserve Board to impose a market access charge on foreign purchasers of U.S. assets. The board must levy this charge in order to achieve and maintain a current account balance (i.e., current account surpluses or deficits that do not exceed an average of 0.5% of U.S. gross domestic product).

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Versions

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Documents

3 official files

Introduced in Senate (text)

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Sources

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