Brics China Wants To Weaken The Us Dollar White House Says

Last updated: June 10, 2025, 00:13

Brics China Wants To Weaken The Us Dollar White House Says

White House economist Jared Bernstein

BRICS Currency Could End Dollar Dominance - Foreign

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

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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

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

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

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There was some evidence that

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

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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