Summary: H.R.5404 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.5404. Bill summaries are authored by CRS.

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Introduced in House (03/22/2018)

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.