h 4 44877 1182916800 false 1183435200 2886 576 110 400225

6/27/2007--Introduced.<br/>Japan Currency Manipulation Act - Directs the Secretary of the Treasury to report to Congress on: (1) currency intervention by Japan with respect to the rate of exchange of the Japanese yen and the U.S. dollar and other currencies since 2000; and (2) any effort by Japan to create an exchange-rate misalignment of the Japanese yen with respect to the U.S. dollar and other currencies since March 2004. Requires the Secretary to submit to Congress a proposal for a comprehensive joint U.S.-European Union plan to address the exchange-rate misalignment of the Japanese yen with respect to the U.S. dollar and other currencies. Directs the Secretary to: (1) initiate consultations with Japan to decrease Japan's foreign currency reserve holdings to permit effective balance of payments adjustments and to eliminate its unfair competitive advantage in international trade; and (2) take appropriate action to dissuade, prevent, or object to currency intervention by Japan. Directs the United States to call for the convening of a special meeting of the International Monetary Fund (IMF) to reach a multilateral agreement regarding: (1) the exchange-rate misalignment of the Japanese yen with respect to the U.S. dollar and other currencies; (2) the destabilizing effects of the exchange-rate misalignment of the Japanese yen; and (3) Japan's excessive foreign currency reserve holdings. Directs the Secretary to report to Congress on: (1) progress made toward decreasing Japan's foreign currency reserve holdings; and (2) actions taken at meetings of the G-7 Leaders, G-7 Finance Ministers, and the IMF regarding the exchange-rate misalignment of the Japanese yen with respect to the U.S. dollar and other currencies, including any progress toward eliminating such misalignment.<br/>

1183435200 2007-07-03 Thu Nov 06 23:37:24 -0600 2008 introduced 44877 'yen':11 'rate':6 'unit':16 'state':17 'dollar':18 'purpos':22 'address':2 'exchang':5 'japanes':10 'respect':13 'misalign':7 'exchange-r':4 47991 official introduced 44877 'act':4 'japan':1 'currenc':2 'manipul':3 51156 short action 44877 1183435200 Tue Jul 03 00:00:00 -0500 2007 173846 Referred to the Subcommittee on Trade. K000288 1933-11-28 315 Joseph 'joe':5 'joseph':1,3,6 'knollenberg':2,4,7 M 400225 Knollenberg Joe_Knollenberg K. Joseph Knollenberg 64 Joe N00004045 4662 Republican Roman Catholic Joseph Knollenberg action 44877 1183435200 Tue Jul 03 00:00:00 -0500 2007 173846 Referred to the Subcommittee on Trade. introduced 44877 1182916800 Wed Jun 27 00:00:00 -0500 2007 120129 action 44877 1182916800 Wed Jun 27 00:00:00 -0500 2007 120130 Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. action 44877 1182916800 Wed Jun 27 00:00:00 -0500 2007 120131 Referred to House Ways and Means action 44877 1182916800 Wed Jun 27 00:00:00 -0500 2007 120132 Referred to House Financial Services