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- H.R.9157
H.R.9157: To define the dollar as a fixed weight of gold, and for other purposes.
About This Bill
- Introduced Oct. 7, 2022
- Latest Major Action Oct. 7, 2022
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - Oct. 7, 2022
Bill Summary
This bill requires the Department of the Treasury to define the Federal Reserve note dollar in terms of a fixed weight of gold, based on that day's closing market price of gold. Federal Reserve Banks must exchange Federal Reserve notes with gold at this price. If a Federal Reserve Bank does not do this, Treasury must make any exchange and place a corresponding lien on the assets of that bank. In addition, Treasury and the Board of Governors of...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Oct. 7, 2022 |
Referred to the House Committee on Financial Services.
|
| Oct. 7, 2022 |
Introduced in the House by Alex Mooney (R-W.Va.) |