H.R. 386 is known as the “Chinese Currency Accountability Act of 2025.” This bill directs the Secretary of the Treasury to instruct U.S. representatives at the International Monetary Fund (IMF) to oppose any increase in the weight of the Chinese renminbi in the IMF’s Special...
Simple Explanation
H.R. 386 says that the U.S. wants to make sure China is playing fair with its money before they let China's money become more important in a special world money group. If China doesn't follow the rules, the U.S. will say no to this change for the next ten years.