China 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; and (2) Chinese compliance with information requests from the IMF regarding Chinese exchange rate policies and holdings.
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.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2024-01-16 | IntroReferral | Received in the Senate and Read twice and referred to the Committee on Foreign Relations. | Senate |
| 2024-01-12 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
| 2024-01-12 | Vote | On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 379 - 1 (Roll no. 9). (text: 1/10/2024 CR H35) | House floor actions |
| 2024-01-12 | Floor | Considered as unfinished business. (consideration: CR H124) | House floor actions |
| 2024-01-10 | Floor | 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. | House floor actions |
| 2024-01-10 | Floor | DEBATE - The House proceeded with forty minutes of debate on H.R. 839. | House floor actions |
| 2024-01-10 | Floor | Considered under suspension of the rules. (consideration: CR H35-37) | House floor actions |
| 2024-01-10 | Floor | Mr. McHenry moved to suspend the rules and pass the bill, as amended. | House floor actions |
| 2023-12-01 | Calendars | Placed on the Union Calendar, Calendar No. 235. | House floor actions |
| 2023-12-01 | Committee | Reported (Amended) by the Committee on Financial Services. H. Rept. 118-291. | House floor actions |
| 2023-02-28 | Committee | Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 36 - 0. | House committee actions |
| 2023-02-28 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2023-02-06 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2023-02-06 | IntroReferral | Introduced in House | Library of Congress |