; or (2) is in the national interest of the United States, with a detailed explanation of the reasons therefor. (d) Progress report The Chairman of the National Advisory Council on International Monetary and Financial Policies shall submit to the Congress an annual report that describes the progress made in advancing the travel policies and procedures described in subsection (a), and may consolidate that report with the annual report required by section 1701 of the International Financial Institutions Act or any other report required to be submitted to the Secretary. (e) Sunset This section shall have no force or effect beginning with the earlier of— (1) the date that is 7 years after the date of the enactment of this Act; or (2) the date on which the Secretary reports to the Congress that each international financial institution has adopted the travel policies and procedures described in subsection (a). 910. Testimony requirement In each of the next 7 years in which the Secretary of the Treasury is required by section 1705(b) of the International Financial Institutions Act to present testimony, the Secretary shall include in the testimony a description of the efforts of the United States to support the greatest participation practicable by Taiwan at each international financial institution (as defined in section 1701(c)(2) of such Act). 911. Statement of United States policy regarding the dollar It is the policy of the United States to facilitate the position of the dollar as the primary global reserve currency, including through vigorous support of— (1) deep, open, and transparent financial markets; (2) continuous improvements to domestic and international payment methods that facilitate dollar transactions; (3) sound macroeconomic governance and a rules-based system of international trade