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S. 2357: Competitive Dollar for Jobs and Prosperity Act

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About the bill

Is American currency competing on an unequal playing field with other currencies around the globe?


Usually the word “strong” is a good thing… but not always.

Many critics believe the dollar’s value has become too strong when compared to other international currencies. This in turn hurts American exports, because other nations’ exports can be purchased less expensively. The dollar’s value compared to other currencies is currently near its 21st century high.

Some other governments, notably China, have manipulated their currency to intentionally lower its value and drive up exports. The U.S. has not quite done the same. Actions taken by the government have at times had the side effect of weakening or strengthening the dollar, notably when the Federal Reserve changes interest rates, but these aren ...

Sponsor and status

Tammy Baldwin

Sponsor. Junior Senator for Wisconsin. Democrat.

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Last Updated: Jul 31, 2019
Length: 12 pages
Jul 31, 2019
116th Congress (2019–2021)

Introduced on Jul 31, 2019

This bill is in the first stage of the legislative process. It was introduced into Congress on July 31, 2019. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.

2% chance of being enacted according to Skopos Labs (details)


Jul 31, 2019

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

If this bill has further action, the following steps may occur next:
Passed Committee

Passed Senate

Passed House

Signed by the President

S. 2357 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number S. 2357. This is the one from the 116th Congress.

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We recommend the following MLA-formatted citation when using the information you see here in academic work:

“S. 2357 — 116th Congress: Competitive Dollar for Jobs and Prosperity Act.” 2019. October 21, 2020 <>

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GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from, the official portal of the United States Congress. is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.