Expressing the sense of the House of Representatives that the Chinese Communist Party should be held accountable for present day efforts of knowingly and intentionally manipulating their currency.

Bill: 118-hres-421
Sponsor: full_name: Rep. Santos, George [R-NY-3]
Introduced: 2023-05-18
Policy area: Foreign Trade and International Finance
Subjects: Chemistry

Commemorative events and holidays

Congressional tributes

Minority employment

Science and engineering education
Latest action: action_date: 2023-06-15
text: Sponsor introductory remarks on measure. (CR H2953-2955)

Summaries:
action_date: 2023-05-18
action_desc: Introduced in House
text: <p>This resolution condemns the Chinese Communist Party (CCP) for knowingly and intentionally manipulating its currency. The resolution also (1) supports the actions by former Treasury Secretary Steven Mnuchin to engage with the International Monetary Fund to eliminate the unfair competitive advantage created by China in 2019, and (2) calls on the Biden administration to take similar action to hold the CCP accountable for their present-day efforts to manipulate their currency.</p>

tv_txt: IV 118th CONGRESS 1st Session H. RES. 421 IN THE HOUSE OF REPRESENTATIVES May 18, 2023 Mr. Santos submitted the following resolution; which was referred to the Committee on Financial Services RESOLUTION Expressing the sense of the House of Representatives that the Chinese Communist Party should be held accountable for present day efforts of knowingly and intentionally manipulating their currency.

That the House of Representatives— (1) condemns the Chinese Communist Party for knowingly and intentionally manipulating its currency; (2) supports the actions by Former Secretary Mnuchin under the Trump administration to engage with the International Monetary Fund to eliminate the unfair competitive advantage created by China in 2019; and (3) calls on the Biden administration to take similar action to hold the Chinese Communist Party accountable for their present day efforts to manipulate their currency.