3.0.0
386
2025-02-13T03:08:15Z
2025-02-13T03:08:15Z
House
H
HR
2025-01-14
119
[Congressional Record Volume 171, Number 7 (Tuesday, January 14, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. DAVIDSON:H.R. 386.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3 of the U.S. Constitution.[Page H149]
- ssfr00
Foreign Relations Committee
Senate
Standing
  - Referred To
2025-02-11T15:39:01Z
- hsba00
Financial Services Committee
House
Standing
  - Referred To
2025-01-14T15:02:20Z
- 2025-02-11
  - ssfr00
Foreign Relations Committee
Senate
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
IntroReferral
- 2025-02-10
16:32:44
Motion to reconsider laid on the table Agreed to without objection.
Floor
H38310
2
House floor actions
- 2025-02-10
16:32:33
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H595)
Floor
H37300
2
House floor actions
- 2025-02-10
16:32:33
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H595)
Floor
8000
9
Library of Congress
- 2025-02-10
16:19:47
DEBATE - The House proceeded with forty minutes of debate on H.R. 386.
Floor
H8D000
2
House floor actions
- 2025-02-10
16:19:45
Considered under suspension of the rules. (consideration: CR H595-596)
Floor
H30000
2
House floor actions
- 2025-02-10
16:19:32
Mr. Hill (AR) moved to suspend the rules and pass the bill.
Floor
H30300
2
House floor actions
- 2025-01-14
Referred to the House Committee on Financial Services.
IntroReferral
H11100
2
House floor actions
  - hsba00
Financial Services Committee
- 2025-01-14
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2025-01-14
Introduced in House
IntroReferral
1000
9
Library of Congress
- D000626
Rep. Davidson, Warren [R-OH-8]
Warren
Davidson
R
OH
8
N
- M001204
Rep. Meuser, Daniel [R-PA-9]
Daniel
Meuser
R
PA
9
2025-02-07
False
Foreign Trade and International Finance
- Asia
2025-02-10T16:23:55Z
- China
2025-02-10T16:23:55Z
- Congressional oversight
2025-02-10T16:23:55Z
- Currency
2025-02-10T16:23:55Z
- International monetary system and foreign exchange
2025-02-10T16:23:55Z
Foreign Trade and International Finance
2025-02-10T12:40:52Z
00
2025-01-14
Introduced in House
2025-02-11T17:12:26Z
Chinese Currency Accountability Act of 2025
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 international reserve assets created by the International Monetary Fund (IMF) to supplement member countries' official foreign exchange reserves.
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 China is in compliance with certain standards and international agreements, including 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 adheres to the rules and principles of the Paris Club and the Organisation for Economic Co-operation and Development (OECD) Arrangement on Officially Supported Export Credits.

Chinese Currency Accountability Act of 2025
- Short Titles from RFS (Referred to Senate) bill text
255

Chinese Currency Accountability Act of 2025
2025-02-13T03:08:15Z
S
Senate
Referred in Senate
RFS
- Short Title(s) as Passed House
104

Chinese Currency Accountability Act of 2025
2025-02-12T02:53:16Z
H
House
Engrossed in House
EH
- Display Title
45

Chinese Currency Accountability Act of 2025
2025-02-08T05:08:20Z
- Short Title(s) as Introduced
101

Chinese Currency Accountability Act of 2025
2025-02-08T05:08:19Z
Introduced in House
IH
- Official Title as Introduced
6

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.
2025-02-08T05:03:33Z
Introduced in House
IH
- Referred in Senate
2025-02-11T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-119hr386rfs/xml/BILLS-119hr386rfs.xml
- Engrossed in House
2025-02-10T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-119hr386eh/xml/BILLS-119hr386eh.xml
- Introduced in House
2025-01-14T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-119hr386ih/xml/BILLS-119hr386ih.xml
2025-02-11
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
text/xml
EN
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