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HR 839 118th Congress House

China Exchange Rate Transparency Act of 2023

Official title: To require the United States Executive Director at the International Monetary Fund to advocate for increased transparency with respect to exchange rate policie… Show full official titleShow less

Official title: To require the United States Executive Director at the International Monetary Fund to advocate for increased transparency with respect to exchange rate policies of the People's Republic of China, and for other purposes.

Introduced: February 28, 2023 Introduced by: Meuser, Daniel Republican · Pennsylvania See on congress.gov
International Affairs AsiaChinaInternational monetary system and foreign exchange
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 14 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 16, 2024
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Jan 12, 2024
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 379 - 1 (Roll no. 9). (text: 1/10/2024 CR H35)
Jan 12, 2024
Motion to reconsider laid on the table Agreed to without objection.
Jan 12, 2024
Considered as unfinished business. (consideration: CR H124)
Jan 10, 2024
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Jan 10, 2024
DEBATE - The House proceeded with forty minutes of debate on H.R. 839.
Jan 10, 2024
Considered under suspension of the rules. (consideration: CR H35-37)
Jan 10, 2024
Mr. McHenry moved to suspend the rules and pass the bill, as amended.
Dec 1, 2023
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-291.
Dec 1, 2023
Placed on the Union Calendar, Calendar No. 235.
Feb 28, 2023
Committee Consideration and Mark-up Session Held.
Feb 28, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 36 - 0.
Feb 6, 2023
Introduced in House
Feb 6, 2023
Referred to the House Committee on Financial Services.
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Jan 12, 2024 House · vote #9 On Motion to Suspend the Rules and Pass, as Amended Passed 379–1 See who voted →
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 Latest action January 16, 2024

Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

 Plain-English summary Congressional Research Service

China Exchange Rate Transparency Act of 2023

This bill requires the U.S. Executive Director at the International Monetary Fund (IMF) to use the voice and vote of the United States to advocate for increased exchange rate transparency from China.

Some areas of focus for this advocacy are (1) Chinese exchange rate arrangements, including any indirect foreign exchange market intervention through Chinese financial institutions or state-owned enterprises; (2) enhanced multilateral and bilateral surveillance by the IMF; and (3) stronger consideration of China's performance as a responsible stakeholder in the international monetary system when evaluating quota and voting shares at the IMF.

The requirements of the bill expire seven years and 30 days after the date of the bill's enactment or earlier if China meets certain conditions regarding its exchange rate policies.

 Related & companion bills 1
  • S 4418 Related bill China Exchange Rate Transparency Act of 2024
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 6
All 6 Democratic 1 Republican 4
R
De La Cruz, Monica
Texas · Jun 15, 2023
 D
Lee, Susie
Nevada · Mar 10, 2023
 R
Lawler, Michael
New York · Feb 28, 2023
Nickel, Wiley
· Feb 28, 2023
 R
Donalds, Byron
Florida · Feb 6, 2023
 R
Loudermilk, Barry
Georgia · Feb 6, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 839: China Exchange Rate Transparency Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-HR-839/
MLA
"H.R. 839: China Exchange Rate Transparency Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-839/.
Bluebook (legal)
H.R. 839, 118th Cong. (2026), https://openamerica.io/bill/118-HR-839/.
Markdown link
[H.R. 839: China Exchange Rate Transparency Act of 2023](https://openamerica.io/bill/118-HR-839/)
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