BRICS CHINA WANTS TO WEAKEN THE US DOLLAR WHITE HOUSE SAYS

Last updated: June 16, 2025, 00:44  |  Written by: Caitlin Long

Brics China Wants To Weaken The Us Dollar White House Says
Brics China Wants To Weaken The Us Dollar White House Says

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

China wants weaker US dollar as reserve currency, says Biden

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

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For A Brics Currency To

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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

Stephen Miran

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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

White House Economist Jared Bernstein

De-Dollarization: BRICS Currency Would Pose a Threat

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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

Caitlin Long can be reached at [email protected].

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