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Dollar Dominance Act: New Office to Protect U.S. Currency's Global Role.

This act establishes a new office within the State Department to defend and strengthen the U.S. dollar's position as the world's primary reserve currency. This aims to protect U.S. financial stability and foreign policy influence, which could indirectly affect the dollar's purchasing power and import costs for citizens.
Key points
Establishes the Office of Strategic Currency Diplomacy to combat efforts undermining the U.S. dollar's global use.
The office will partner with allies to ensure the strength of dollar-denominated financial systems.
It will monitor and counter the proliferation of Central Bank Digital Currencies in other nations to protect the dollar's preeminence.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_5136
Sponsor: Rep. Davidson, Warren [R-OH-8]
Process start date: 2025-09-04
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Dollar Dominance Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_5136.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-09-04.

What are the main provisions?

Key points include:

  • Establishes the Office of Strategic Currency Diplomacy to combat efforts undermining the U.S. dollar's global use.
  • The office will partner with allies to ensure the strength of dollar-denominated financial systems.
  • It will monitor and counter the proliferation of Central Bank Digital Currencies in other nations to protect the dollar's preeminence.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Davidson, Warren [R-OH-8].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Economy Security