China Exchange Rate Transparency Act of 2025 passed the House 18 days after introduction and awaits a vote in the Senate
Written by the Congressional Research Service [2]. 130 words.
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.
- Committees
- House Financial Services Committee
Senate Foreign Relations Committee - Policy area
- International Affairs: 94 of 4,008 bills became law, 113th–118th (2.3%)
- Sponsor
- 2 of 62 bills enacted since 2013
- Text versions
- 3, from introduced in house to referred in senate · 552 words
- Subjects
- AsiaChinaInternational monetary system and foreign exchange
- Latest action
- Feb 11, 2025: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
- Records
- Congress.gov · Bill text
Each bill appears once, under its strongest link. 1 in all.
Related, per CRS or House · 1
- 119th S. 2146 China Exchange Rate Transparency Act of 2025 R · Reported