The record
Legislation· Feb 2025
HR 692 Passed House — in Senate
Sponsored by Daniel Meuser (R)
China Exchange Rate Transparency Act of 2025
Directs the US to push the IMF to demand China reveal its exchange rate policies.
Tradeoff
Requires the US representative at the International Monetary Fund to advocate for greater transparency from China on currency practices. The bill expires in seven years or sooner if China complies with international standards.
What's in it
The House passed this 388-7 on February 10, 2025 — now in the Senate.
House
Introduced
(Jan 23, 2025)
House
Committee on Financial Services(Jan 23, 2025)
House
On Motion to and Pass, as Amended
Passed(Roll #36 · Feb 10, 2025)
388 yeanay 7Senate
Received from the House
on Foreign Relations(Feb 11, 2025)
- Barry Loudermilk (R-GA)
- Susie Lee (D-NV)
- Monica De La Cruz (R-TX)
- John R. Moolenaar (R-MI)
- Mark Messmer (R-IN)
- Michael Lawler (R-NY)
- Ben Cline (R-VA)
- Thomas R. Suozzi (D-NY)
- Glenn Thompson (R-PA)
- Stephanie I. Bice (R-OK)
Passage votes so far· Feb 10, 2025· 119th Congress · 2025–2027