[Congressional Record Volume 161, Number 77 (Tuesday, May 19, 2015)]
[Senate]
[Page S3081]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1385. Mr. HATCH (for himself, Mr. Wyden, Mr. Cornyn, Mr. Carper, 
Mr. Alexander, Mr. Corker, Mr. Warner, Mrs. McCaskill, Mr. Bennet, and 
Mr. Kaine) submitted an amendment intended to be proposed to amendment 
SA 1221 proposed by Mr. Hatch to the bill H.R. 1314, to amend the 
Internal Revenue Code of 1986 to provide for a right to an 
administrative appeal relating to adverse determinations of tax-exempt 
status of certain organizations; which was ordered to lie on the table; 
as follows:

       Strike section 102(b)(11) and insert the following:
       (11) Foreign currency manipulation.--The principal 
     negotiating objective of the United States with respect to 
     unfair currency practices is to seek to establish 
     accountability through enforceable rules, transparency, 
     reporting, monitoring, cooperative mechanisms, or other means 
     to address exchange rate manipulation involving protracted 
     large scale intervention in one direction in the exchange 
     markets and a persistently undervalued foreign exchange rate 
     to gain an unfair competitive advantage in trade over other 
     parties to a trade agreement, consistent with existing 
     obligations of the United States as a member of the 
     International Monetary Fund and the World Trade Organization.
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