SRES460-118

In Committee

Supporting the United States dollar as the reserve currency of the world and combating the economic influence of the People’s Republic of China.

118th Congress Introduced Nov 13, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, Supporting the United States dollar as the reserve currency of the world and combating the economic influence of the People’s Republic of China., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Transportation, Foreign Policy.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section S1: That it is the sense of the Senate that— the United States must take steps to protect the United States dollar as the reserve currency of the world and...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, Supporting the United States dollar as the reserve currency of the world and combating the economic influence of the People’s Republic of China., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Transportation, Foreign Policy

Primary Purpose

This bill, Supporting the United States dollar as the reserve currency of the world and combating the economic influence of the People’s Republic of China., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Transportation Foreign Policy

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
financial institutions, investors, and borrowers:
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies:
financial institutions, investors, and borrowers:

Legislative Progress

In Committee
Introduced Committee Passed
Nov 13, 2023

Mr. Budd (for himself, Mrs. Shaheen, Mr. Rubio, Ms. Klobuchar, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance Transportation Foreign Policy
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology