International Monetary Fund
Representative Mike Haridopolos (R-FL) recently addressed the House Finance Committee in favor of two pieces of legislation: one holding China accountable for currency manipulation and another protecting small businesses from regulations that impose unnecessary costs. H.R. 692, the China Exchange Rate Transparency Act, requires the U.S. Executive Director at the International Monetary Fund (IMF) to […]
A bipartisan effort in the US Senate looks to leverage the US’ International Monetary Fund (IMF) power to counter China’s manipulation of its currency. U.S. Senators Marco Rubio (R-FL) and Tammy Baldwin (D-WI) introduced the China Exchange Rate Transparency Act. The Senators allege their legislation will protect American industry and workers from China’s currency manipulations, […]