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HR 692 119th Congress House International Affairs Asia China International monetary system and foreign exchange

China Exchange Rate Transparency Act of 2025

Introduced: January 31, 2025 Introduced by: Meuser, Daniel Republican · Pennsylvania See on congress.gov
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 Everywhere this bill has been 10 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 11, 2025
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Feb 10, 2025
Motion to reconsider laid on the table Agreed to without objection.
Feb 10, 2025
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 388 - 7 (Roll no. 36). (text: CR H597)
Feb 10, 2025
Considered as unfinished business. (consideration: CR H605)
Feb 10, 2025
Considered under suspension of the rules. (consideration: CR H596-599)
Feb 10, 2025
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Feb 10, 2025
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.
Feb 10, 2025
DEBATE - The House proceeded with forty minutes of debate on H.R. 692.
Jan 23, 2025
Introduced in House
Jan 23, 2025
Referred to the House Committee on Financial Services.
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Feb 10, 2025 House · vote #36 On Motion to Suspend the Rules and Pass, as Amended Passed 388–7 See who voted →
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 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.

What's happening now February 11, 2025

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

 Bill text 3 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 4

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

 Cosponsors 10
All 10 Democratic 2 Republican 8
R
Bice, Stephanie I.
Oklahoma · Feb 10, 2025
 R
Thompson, Glenn
Pennsylvania · Feb 6, 2025
 D
Suozzi, Thomas R.
New York · Jan 31, 2025
 R
Cline, Ben
Virginia · Jan 28, 2025
 R
Lawler, Michael
New York · Jan 28, 2025
 R
De La Cruz, Monica
Texas · Jan 23, 2025
 D
Lee, Susie
Nevada · Jan 23, 2025
 R
Loudermilk, Barry
Georgia · Jan 23, 2025
 R
Messmer, Mark B.
Indiana · Jan 23, 2025
 R
Moolenaar, John R.
Michigan · Jan 23, 2025
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 692: China Exchange Rate Transparency Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-HR-692/
MLA
"H.R. 692: China Exchange Rate Transparency Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-692/.
Bluebook (legal)
H.R. 692, 119th Cong. (2026), https://openamerica.io/bill/119-HR-692/.
Markdown link
[H.R. 692: China Exchange Rate Transparency Act of 2025](https://openamerica.io/bill/119-HR-692/)
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