3.0.0 3157 2023-01-13T04:47:49Z 2023-01-13T04:47:49Z House H HR 2005-06-30 109 hswm00 Ways and Means Committee House Standing hswm04 Trade Subcommittee Referred to 2005-07-01T19:52:21Z Referred to 2005-06-30T14:00:10Z 2005-07-01 hswm04 Trade Subcommittee 1 House committee actions Referred to the Subcommittee on Trade. Committee 2005-06-30 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2005-06-30 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-06-30 Introduced in House IntroReferral 1000 9 Library of Congress D000355 Rep. Dingell, John D. [D-MI-15] JOHN DINGELL D MI D. 15 N M001147 Rep. McCotter, Thaddeus G. [R-MI-11] Thaddeus McCotter R MI G. 11 2005-07-12 False R000577 Rep. Ryan, Tim [D-OH-17] TIM RYAN D OH 17 2005-07-12 False K000180 Rep. Kilpatrick, Carolyn C. [D-MI-13] CAROLYN KILPATRICK D MI CHEEKS 13 2005-10-20 False K000172 Rep. Kildee, Dale E. [D-MI-5] DALE KILDEE D MI E. 5 2005-10-25 False S001045 Rep. Stupak, Bart [D-MI-1] BART STUPAK D MI 1 2005-12-06 False C000714 Rep. Conyers, John, Jr. [D-MI-14] JOHN CONYERS D MI 14 2006-02-14 False Foreign Trade and International Finance Commerce Compensation (Law) Congress Congress and foreign policy Congressional oversight Congressional reporting requirements Currency devaluation Damages Development credit institutions Economics and Public Finance Foreign exchange Government liability (International law) International Affairs International agencies International competitiveness Law Manufacturing industries Monetary policy Nontariff trade barriers Trade agreements Trade negotiations Foreign Trade and International Finance 00 2005-06-30 Introduced in House 2005-09-07T15:55:52Z Currency Manipulation Prevention Act - Amends the Trade Act of 2002 to state that the principal negotiating objective of the United States with respect to currency exchange rates is to ensure that governmental intervention in currency markets is of limited duration and is carried out in consultation with countries with major trading partners.

Directs the Secretary of Commerce to submit biannual reports: (1) describing actions by foreign governments to manipulate their currencies to increase their exports and to limit imports from the United States; (2) analyzing the impact of such currency manipulation on the U.S. manufacturing sector and on U.S. monetary policy; and (3) setting forth remedies against such currency manipulation.

Directs the President to: (1) negotiate with any country identified by the Secretary of Commerce as engaging in currency manipulation to end such practice; and (2) seek compensation from such country (if in the national interest) for the damages incurred by U.S. manufacturers.

]]> Currency Manipulation Prevention Act Display Title Currency Manipulation Prevention Act Official Title as Introduced To require certain actions to be taken against countries that manipulate their currencies, and for other purposes. Introduced in House IH Short Titles as Introduced Currency Manipulation Prevention Act Introduced in House 2005-06-30T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr3157ih/xml/BILLS-109hr3157ih.xml 2005-07-01 Referred to the Subcommittee on Trade. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.