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H.Res. 421

ResolutionFederalHouseIntroduced
Expressing the sense of the House of Representatives that the Chinese Communist Party should be held accountable for present day efforts of knowingly and intentionally manipulating their currency.
About This Bill
Introduced
Latest Action · June 15, 2023
Sponsor introductory remarks on measure. (CR H2953-2955)
Congress
118th (2023–2025)
Introduced
May 18, 2023
Cosponsors (0)
None
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Summary

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This resolution condemns the Chinese Communist Party (CCP) for knowingly and intentionally manipulating its currency. The resolution also (1) supports the actions by former Treasury Secretary Steven Mnuchin to engage with the International Monetary Fund to eliminate the unfair competitive advantage created by China in 2019, and (2) calls on the Biden administration to take similar action to hold the CCP accountable for their present-day efforts to manipulate their currency.

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