China Currency Manipulation Act of 2008
A bill to require the Secretary of the Treasury to take action with respect to currency manipulation by the People's Republic of China, and for other purposes.
previous 110th session of congress Other Bill Titles (2 more) 4/3/2008--Introduced.
China Currency Manipulation Act of 2008 - Directs the Secretary of the Treasury to:
(1) make an affirmative determination that the People's Republic of China (PRC) is manipulating the rate of exchange between its currency and the U.S. dollar; />(2) establish and report to Congress on a plan of action to remedy such currency manipulation;
(3) initiate expeditiously bilateral negotiations with the PRC to ensure that it regularly adjusts the rate of exchange between its currency and the U.S. dollar in order to permit effective balance of payment adjustments and eliminate unfair competitive advantage in trade; and
(4) instruct the Executive Director to the International Monetary Fund (IMF) to use the U.S. vote to ensure that the PRC takes such action to achieve such goals.
... more
Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by Senate | ![]() | Voted on by House | ![]() | Considered By President | ![]() | Bill Becomes Law |
| April 03, 2008 |
In the News
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Blog Coverage
October 30, 2008 China's Undervalued Currency Benefits Americans
[1] China Currency Manipulation Act of 2008, S. 2813. [2] Peter Cohn, "Clinton, Obama Both Throw Weight Behind Chinese Currency Legislation," May 2, 2008. [3] Event flyer, "China's Currency Misalignment & Congressionally Mandated Tra
May 05, 2008 Nelson Mullins | Newsletters
S.2813 would require the Treasury Department to find that China is manipulating its currency and establish a plan to address the issue (25 ITR 525; 4/10/08). Sanctions. U.S.:. S.970 (Iran Counter Proliferation Act of 2007) would expand ...
Source: Nelson Mullins Newsletters
April 02, 2008 Bill Introduced: S.2813 China Currency Manipulation Act of 2008
A bill to require the Secretary of the Treasury to take action with respect to currency manipulation by the People's Republic of China, and for other purposes.











