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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?

Context

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 ...

Sponsor and status

Tammy Baldwin

Sponsor. Junior Senator for Wisconsin. Democrat.

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Last Updated: Jul 31, 2019
Length: 12 pages
Introduced
Jul 31, 2019
Status

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.

Prognosis
1% chance of being enacted according to Skopos Labs (details)
Source

History

Jul 31, 2019
 
Introduced

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.

How to cite this information.

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.” www.GovTrack.us. 2019. December 10, 2019 <https://www.govtrack.us/congress/bills/116/s2357>

Where is this information from?

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