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H.R. 692: China Exchange Rate Transparency Act of 2025
119th Congress · introduced 2025-01-23 · International Affairs · Latest: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
federal
Official title
China Exchange Rate Transparency Act of 2025
Plain summary
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; (2) enhanced multilateral and bilateral surveillance by the IMF; and (3) stronger consideration of China's performance as a responsible stakeholder in the international monetary system when evaluating quota and voting shares at the IMF. 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.
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
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Official text
China Exchange Rate Transparency Act of 2025
Source: Congressional Research Service summary (Introduced in House)
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Officials and money
Sponsor: Rep. Meuser, Daniel [R-PA-9] · 10 cosponsors
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Recorded votes
- House roll call 36 (2025): On Motion to Suspend the Rules and Pass, as Amended, H R 692 (2025-02-10): Passed
Words on this page, explained (1)
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-119hr692.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/119/hr>
Record fed-us-cong119-hr692 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills