Say No to the Silk Road Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Mar 8, 2022)
Say No to the Silk Road Act
This bill requires various actions pertaining to China's sovereign digital currency.
Specifically, the bill requires (1) the Office of Management and Budget to develop guidance for executive agencies pertaining to security requirements for the use of China's sovereign digital currency, (2) countries accepting assistance through the Foreign Military Financing Program to disclose any use of such currency as a settlement or reserve currency, and (3) the Department of State to include on its public website a warning for travelers about the dangers of such currency.
What just happenedMar 8, 2022
Read twice and referred to the Committee on Foreign Relations.
Who’s behind it
- Introduced in SenateMar 8, 2022
- Mar 8, 2022IntroReferral
Read twice and referred to the Committee on Foreign Relations.
Foreign Relations Committee - Mar 8, 2022IntroReferral10000
Introduced in Senate