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Bill > S2543
US S2543
US S2543A bill to require a study on the national security implications of the People's Republic of China's efforts to create an official digital currency.
summary
Introduced
07/29/2021
07/29/2021
In Committee
07/29/2021
07/29/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To require a study on the national security implications of the People’s Republic of China’s efforts to create an official digital currency.
AI Summary
This bill requires the President to submit a report to the appropriate congressional committees on the national security risks associated with the creation and use of China's official digital currency, the digital renminbi. The report would cover risks related to potential surveillance of transactions, security and illicit finance, and economic coercion and social control by China. The report must be submitted in unclassified form, but may include a classified annex.
Committee Categories
Government Affairs
Sponsors (10)
Bill Hagerty (R)*,
Mike Braun (R),
Kevin Cramer (R),
Ted Cruz (R),
Chuck Grassley (R),
Josh Hawley (R),
Cynthia Lummis (R),
Rick Scott (R),
Mark Warner (D),
Todd Young (R),
Last Action
Read twice and referred to the Committee on Foreign Relations. (on 07/29/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/senate-bill/2543/all-info |
| BillText | https://www.congress.gov/117/bills/s2543/BILLS-117s2543is.pdf |
| Bill | https://www.congress.gov/117/bills/s2543/BILLS-117s2543is.pdf.pdf |
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