H.Res. 421 · 118th Congress

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.

Stage
In committee
Introduced
2023-05-18
Latest action
2023-06-15 · Sponsor introductory remarks on measure.

Summary

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.