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    <number>1919</number>
    <updateDate>2025-12-06T00:14:59Z</updateDate>
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    <introducedDate>2023-06-08</introducedDate>
    <congress>118</congress>
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            <date>2023-06-08T19:32:09Z</date>
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        <title>Chinese Currency Accountability Act of 2023</title>
        <congress>118</congress>
        <number>510</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2024-09-10</actionDate>
          <text>Received in the Senate and Read twice and referred to the Committee on Foreign Relations.</text>
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        <actionDate>2023-06-08</actionDate>
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        <text>Read twice and referred to the Committee on Foreign Relations.</text>
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        <actionDate>2023-06-08</actionDate>
        <text>Introduced in Senate</text>
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          <name>Library of Congress</name>
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    <sponsors>
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        <bioguideId>B001305</bioguideId>
        <fullName>Sen. Budd, Ted [R-NC]</fullName>
        <firstName>Ted</firstName>
        <lastName>Budd</lastName>
        <party>R</party>
        <state>NC</state>
        <isByRequest>N</isByRequest>
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    <cosponsors>
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        <bioguideId>M001183</bioguideId>
        <fullName>Sen. Manchin, Joe, III [D-WV]</fullName>
        <firstName>Joseph</firstName>
        <lastName>Manchin</lastName>
        <party>D</party>
        <state>WV</state>
        <sponsorshipDate>2023-06-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001319</bioguideId>
        <fullName>Sen. Britt, Katie Boyd [R-AL]</fullName>
        <firstName>Katie</firstName>
        <lastName>Britt</lastName>
        <party>R</party>
        <state>AL</state>
        <sponsorshipDate>2023-06-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001310</bioguideId>
        <fullName>Sen. Braun, Mike [R-IN]</fullName>
        <firstName>Mike</firstName>
        <lastName>Braun</lastName>
        <party>R</party>
        <state>IN</state>
        <sponsorshipDate>2023-06-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001261</bioguideId>
        <fullName>Sen. Barrasso, John [R-WY]</fullName>
        <firstName>John</firstName>
        <lastName>Barrasso</lastName>
        <party>R</party>
        <state>WY</state>
        <sponsorshipDate>2023-06-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>E000295</bioguideId>
        <fullName>Sen. Ernst, Joni [R-IA]</fullName>
        <firstName>Joni</firstName>
        <lastName>Ernst</lastName>
        <party>R</party>
        <state>IA</state>
        <sponsorshipDate>2023-06-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001079</bioguideId>
        <fullName>Sen. Hyde-Smith, Cindy [R-MS]</fullName>
        <firstName>Cindy</firstName>
        <lastName>Hyde-Smith</lastName>
        <party>R</party>
        <state>MS</state>
        <sponsorshipDate>2023-06-20</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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    </cosponsors>
    <policyArea>
      <name>Foreign Trade and International Finance</name>
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    <subjects>
      <legislativeSubjects/>
      <policyArea>
        <name>Foreign Trade and International Finance</name>
        <updateDate>2023-07-07T18:00:27Z</updateDate>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2023-06-08</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2023-11-08T16:34:35Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;b&gt;Chinese Currency Accountability Act of 2023&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill requires the United States to oppose, absent specified conditions, any increase in the weight of Chinese currency (i.e., the renminbi) in the basket of currencies (currently, a set of five currencies, each with different weightings) used to determine the value of Special Drawing Rights. Special Drawing Rights are a currency support tool available to members of the International Monetary Fund (IMF).&lt;/p&gt; &lt;p&gt;Specifically, the Department of the Treasury must instruct certain U.S. officials at the IMF to oppose any such increase unless Treasury has certified that (1) China is in compliance with all general obligations of members of the IMF, (2) China has not been found to have manipulated its currency in the preceding 12 months, and (3) China is implementing policies and practices necessary to ensure that the renminbi is freely usable.&lt;/p&gt;</text>
        </cdata>
      </summary>
    </summaries>
    <title>Chinese Currency Accountability Act of 2023</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>Chinese Currency Accountability Act of 2023</title>
        <updateDate>2024-07-24T15:21:43Z</updateDate>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>Chinese Currency Accountability Act of 2023</title>
        <updateDate>2024-05-24T13:39:01Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>A bill to require the United States Governor of, and the United States Executive Director at, the International Monetary Fund to oppose an increase in the weight of the Chinese renminbi in the Special Drawing Rights basket of the Fund, and for other purposes.</title>
        <updateDate>2023-07-06T12:59:08Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
    </titles>
    <textVersions>
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        <type>Introduced in Senate</type>
        <date>2023-06-08T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-118s1919is/xml/BILLS-118s1919is.xml</url>
          </item>
        </formats>
      </item>
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    <latestAction>
      <actionDate>2023-06-08</actionDate>
      <text>Read twice and referred to the Committee on Foreign Relations.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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