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Last updated: June 18, 2025, 16:37  |  Written by: Olaf Carlson-Wee

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White House Economist Jared Bernstein

For a BRICS currency to work, China would need to provide massive amounts of yuan as a global “liquidity spigot,” similar to how the U.S. provides and supports

White House economist Jared Bernstein disclosed in Congress that there is some evidence that “China wants the U.S. dollar to lose its position” as the world’s reserve

De-Dollarization: BRICS Currency Would Pose a Threat

‘You’ll feel it’: How Trump’s policies are hammering the dollar

China wants weaker US dollar as reserve currency, says Biden

Why the US cannot afford to lose dollar dominance

In A Statement Issued Today

In a statement issued today, White House economist, Jared Bernstein says there is “some evidence” that China wants to weaken the US dollar. Moreover, Bernstein

'Any country that tries': Donald Trump warns China

BRICS Currency Could End Dollar Dominance - Foreign

There Was Some Evidence That

BRICS: China Wants to Weaken the US Dollar, White House Says

There was some evidence that China wants the dollar to weaken as the international reserve currency, said a White House nominee for a top economist position on

Trump: ‘BRICS is dead,’ threatens 100% tariff if group

Stephen Miran

Stephen Miran, who leads the White House Council of Economic Advisers, says the global demand for dollars has created “undue burdens on our firms and workers

Why a BRICS Currency Won’t Replace the Dollar Anytime Soon

Biggest Threat Call to US Dollar From Top Countries

Olaf Carlson-Wee can be reached at [email protected].

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