Search Results for keywords:"global economics"

Search Results: keywords:"global economics"

H. R. 692 — An Act To require the United States Executive Director at the International Monetary Fund to advocate for increased transparency with respect to exchange rate policies of the People’s Republic of China, and for other purposes.
February 11, 2025
Status:Referred in Senate
Congress:119
Words:776
H. R. 692, known as the “China Exchange Rate Transparency Act of 2025,” requires the United States Executive Director at the International Monetary Fund (IMF) to advocate for increased transparency regarding China's exchange rate policies. The bill aims to ensure the IMF...
Simple Explanation
The bill wants a special person from the U.S. to ask for China to share more about how they handle their money exchange with other countries, so everyone can understand it better. If China does what they're supposed to or after seven years, the bill will stop being needed.
H. R. 692 — To require the United States Executive Director at the International Monetary Fund to advocate for increased transparency with respect to exchange rate policies of the People’s Republic of China, and for other purposes.
January 23, 2025
Status:Introduced in House
Congress:119
Words:836
H. R. 692 aims to increase transparency regarding China's exchange rate policies. It requires the United States Executive Director at the International Monetary Fund (IMF) to push for greater openness from China and for the IMF to conduct more thorough monitoring of China's...
Simple Explanation
The bill wants the U.S. to ask an important money group (the IMF) to check how China handles its money and to share what they find. The bill will stop doing this once China is doing what they should or after a long time has passed.

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