Summary: S.2357 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for S.2357. Bill summaries are authored by CRS.

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Introduced in Senate (07/31/2019)

Competitive Dollar for Jobs and Prosperity Act

This bill requires the Federal Reserve Board to impose a market access charge on foreign purchasers of U.S. assets. The board must levy this charge in order to achieve and maintain a current account balance (i.e., current account surpluses or deficits that do not exceed an average of 0.5% of U.S. gross domestic product).