s 14 42646 1175054400 false 1175054400 1 1021 494 110 300093

3/28/2007--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/>

1175054400 2007-03-28 Fri Nov 07 14:25:28 -0600 2008 introduced 42646 'yen':13 'bill':2 'rate':8 'unit':18 'state':19 'dollar':20 'purpos':24 'address':4 'exchang':7 'japanes':12 'respect':15 'misalign':9 'exchange-r':6 45409 official introduced 42646 'act':4 'japan':1 'currenc':2 'manipul':3 49729 short introduced 42646 1175054400 Wed Mar 28 00:00:00 -0500 2007 107629 S000770 1950-04-29 528 133 Hart Senate Office Building http://stabenow.senate.gov/email.htm 202-228-0325 Debbie Ann 'd':5 'mi':6 'ann':3,8,11 'sen':1 'debbi':2,7,10 'stabenow':4,9,12 F 300093 Stabenow Debbie_Stabenow Sen. Debbie Ann Stabenow [D, MI] 29 N00004118 14879 Democrat 202-224-4822 United Methodist MI Debbie Ann Stabenow 2.64615384615385 http://stabenow.senate.gov/ SenatorStabenow introduced 42646 1175054400 Wed Mar 28 00:00:00 -0500 2007 107629 action 42646 1175054400 Wed Mar 28 00:00:00 -0500 2007 107630 Read twice and referred to the Committee on Finance.