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H.R. 2558

To define the dollar as a fixed weight of gold.

This bill requires the Department of the Treasury to define the dollar in terms of a fixed weight of gold, based on that day's closing market price of gold. The Federal Reserve Banks shall make Federal Reserve notes exchangeable with gold at the statutory gold definition of the dollar.

Referred to the House Committee on Financial Services.

Rep. Mooney, Alexander X. [R-WV-2](R-WV)Sponsor
1committees3actions3subjects
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

To define the dollar as a fixed weight of gold. — Informed