Active
Bill · 119th Congress · HR 692
China Exchange Rate Transparency Act of 2025
Refreshed 2 h ago
Introduced 2025-01-23Summary
Summary by the Congressional Research ServiceChina 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.
Sponsors
- Daniel Meuser Republican sponsor
- 10 cosponsors
Recorded votes
| Date | Chamber | Question | Result | Yeas | Nays |
|---|---|---|---|---|---|
| 2025-02-10 | House roll 36 | On Motion to Suspend the Rules and Pass, as Amended | Passed | 388 | 7 |
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-02-11 | Senate | Received in the Senate and Read twice and referred to the Committee on Foreign Relations. | refer |
| 2025-02-10 | House | Motion to reconsider laid on the table Agreed to without objection. | |
| 2025-02-10 | House | 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) | |
| 2025-02-10 | Passed/agreed to in House: 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) | floor pass | |
| 2025-02-10 | House | Considered as unfinished business. (consideration: CR H605) | |
| 2025-02-10 | House | 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. | |
| 2025-02-10 | House | DEBATE - The House proceeded with forty minutes of debate on H.R. 692. | |
| 2025-02-10 | House | Considered under suspension of the rules. (consideration: CR H596-599) | |
| 2025-02-10 | House | Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended. | |
| 2025-01-23 | House | Referred to the House Committee on Financial Services. | refer |
| 2025-01-23 | Introduced in House | introduce | |
| 2025-01-23 | Introduced in House | introduce |