SRES 270
109th Congress
Senate
Foreign Trade and International Finance
Balance of payments
China
East Asia
Foreign exchange
International monetary system
Restrictive trade practices
A resolution expressing the sense of the Senate that the International Monetary Fund should investigate whether China is manipulating the rate of exchange between the Chinese yuan and the United States dollar.
Introduced: October 6, 2005
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 6, 2005
Referred to the Committee on Foreign Relations. (text of measure as introduced: CR 10/7/2005 S11238-11239)
Oct 6, 2005
Introduced in Senate
Plain-English summary
Expresses the sense of the Senate that the President should instruct the U.S. Executive Director to the International Monetary Fund to bring a general complaint under the International Monetary Fund's Articles of Agreement against the People's Republic of China (PRC) for manipulating the rate of exchange of its currency against other currencies to gain an unfair trade advantage and to prevent effective balance of payment adjustments.
What's happening now
Referred to the Committee on Foreign Relations. (text of measure as introduced: CR 10/7/2005 S11238-11239)
Committees of jurisdiction
1
Cosponsors
1