Search Results for keywords:"international monetary fund"

Search Results: keywords:"international monetary fund"

H. R. 540 — An Act To require the Secretary of the Treasury to pursue more equitable treatment of Taiwan at the international financial institutions, and for other purposes.
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January 12, 2024
Status:Engrossed in House
Congress:118
Words:1,820
H.R. 540, known as the "Taiwan Non-Discrimination Act of 2023," directs the U.S. Secretary of the Treasury to advocate for Taiwan's fairer treatment in international financial institutions, like the International Monetary Fund (IMF). The bill emphasizes Taiwan's significant...
Simple Explanation
H.R. 540 wants to help Taiwan be treated more fairly in big money clubs, like the one where countries talk about their money problems. The bill says the U.S. should cheer for Taiwan to be more included and have more jobs, but there are some rules and tricks that might make this hard to do perfectly.
H. R. 6840 — To prohibit the Secretary of the Treasury from engaging in transactions involving the exchange of Special Drawing Rights issued by the International Monetary Fund that are held by the Islamic Republic of Iran, and for other purposes.
December 15, 2023
Status:Introduced in House
Congress:118
Words:326
H.R. 6840 is a bill that aims to stop the U.S. Secretary of the Treasury from participating in exchanges of Special Drawing Rights (SDRs) held by Iran and issued by the International Monetary Fund (IMF). Additionally, it requires the Secretary of the Treasury to encourage...
Simple Explanation
The bill says that the U.S. Treasury Secretary can't trade a special kind of international money that Iran has, and they must also encourage other countries not to trade it with Iran.
S. 3527 — To prohibit the Secretary of the Treasury from engaging in transactions involving the exchange of Special Drawing Rights issued by the International Monetary Fund that are held by the Islamic Republic of Iran, and for other purposes.
December 14, 2023
Status:Introduced in Senate
Congress:118
Words:332
S. 3527 aims to stop the U.S. Secretary of the Treasury from engaging in any transactions that involve exchanging Special Drawing Rights (SDRs) issued by the International Monetary Fund which are held by Iran. The bill also requires the U.S. to advocate for other countries to...
Simple Explanation
The bill wants to stop the U.S. money boss from swapping a special kind of money, called Special Drawing Rights, with Iran. It also asks the U.S. to encourage other countries to do the same and to say "no" to giving more of this special money to Iran.
H. R. 5921 — An Act To prohibit the Secretary of the Treasury from authorizing certain transactions by a United States financial institution in connection with Iran, to prevent the International Monetary Fund from providing financial assistance to Iran, to codify prohibitions on Export-Import Bank financing for the Government of Iran, and for other purposes.
April 15, 2024
Status:Engrossed in House
Congress:118
Words:618
H. R. 5921, also known as the "No U.S. Financing for Iran Act of 2023," aims to limit financial transactions between the U.S. and Iran. This bill prohibits the Secretary of the Treasury from authorizing U.S. financial institutions to conduct transactions involving goods,...
Simple Explanation
The bill wants to stop U.S. banks from doing business with Iran, except to help people in need, and won’t let other groups give Iran money unless Iran stops doing bad things.
S. 4418 — 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.
May 23, 2024
Status:Introduced in Senate
Congress:118
Words:906
The bill, S. 4418, is titled the “China Exchange Rate Transparency Act of 2024.” It requires the United States Executive Director at the International Monetary Fund (IMF) to push for increased transparency in China's exchange rate policies. The bill highlights concerns about...
Simple Explanation
The bill wants a U.S. representative to the IMF to ask China to be more open about how they control their money exchange, like making sure they're playing fair when dealing with other countries' money. It also wants to check if China is being fair with their money practices and will stop the bill in seven years unless China starts following the rules.
H. R. 7902 — To support a review of surcharge policy at the International Monetary Fund.
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April 09, 2024
Status:Introduced in House
Congress:118
Words:1,322
H.R. 7902, known as the "Stop Onerous Surcharges Act," directs the U.S. to push for a review of the International Monetary Fund's (IMF) surcharge policy. The bill highlights concerns that these surcharges, which significantly raise borrowing costs for countries, may worsen financial burdens,...
Simple Explanation
H.R. 7902 wants the U.S. to ask the International Monetary Fund (IMF) to look at its extra fees, called surcharges, which make it more expensive for countries to borrow money. These fees can be tough on countries during bad times, and the bill suggests checking if they're fair and maybe stopping them for a bit.
H. R. 8863 — To amend the Burma Unified through Rigorous Military Accountability Act of 2022 to extend the sunset, to require a determination with respect to the imposition of sanctions on certain persons of Burma, and for other purposes.
June 27, 2024
Status:Introduced in House
Congress:118
Words:1,296
H.R. 8863, known as the “BRAVE Burma Act,” aims to modify the existing Burma Unified through Rigorous Military Accountability Act of 2022. It extends the sunset provision from 8 to 10 years, requires the President to assess and report on sanctions for specific Burmese entities, and limits...
Simple Explanation
The BRAVE Burma Act wants to keep a law about being fair to Burma's leaders going longer and check if some people in Burma need to follow special rules. It also asks a special person to help make sure Burma gets a chance to have fair leaders and human rights.
H. R. 839 — 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.
January 12, 2024
Status:Engrossed in House
Congress:118
Words:801
H.R. 839, known as the "China Exchange Rate Transparency Act of 2023," aims to increase transparency in China's exchange rate policies. The bill directs the U.S. Executive Director at the International Monetary Fund (IMF) to push for more openness from China regarding its currency practices...
Simple Explanation
The "China Exchange Rate Transparency Act of 2023" is a rule that asks the U.S. to tell an important money group to ask China to be clear about how they handle their money and to check it better. If China starts following the rules or if seven years pass, the rule might end.
H. R. 839 — 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.
January 16, 2024
Status:Referred in Senate
Congress:118
Words:776
H.R. 839, known as the "China Exchange Rate Transparency Act of 2023," instructs the United States Executive Director at the International Monetary Fund (IMF) to push for more openness from China regarding its exchange rate practices. The bill highlights concerns about...
Simple Explanation
H.R. 839 wants a person who works for the U.S. in a big money group called the IMF to ask China to show exactly how they handle their money rules because it's not clear, and this will help everyone understand better. If China starts doing this like everyone else or after seven years, this rule stops.
H. R. 510 — An Act To require the United States Governor of, and the United States Executive Director at, the International Monetary Fund to oppose an increase in the weight of the Chinese renminbi in the Special Drawing Rights basket of the Fund, and for other purposes.
September 09, 2024
Status:Engrossed in House
Congress:118
Words:459
H.R. 510, titled the “Chinese Currency Accountability Act of 2023,” calls for the United States' representatives at the International Monetary Fund (IMF) to oppose any increase in the weight of the Chinese renminbi within the IMF's Special Drawing Rights basket. The bill...
Simple Explanation
The bill wants the people in charge for the US at a big money club called the International Monetary Fund to say "no" to giving China's money more importance unless China follows some important rules and doesn't change the value of its money unfairly. This rule will stop being a rule after 10 years.
H. R. 5921 — An Act To prohibit the Secretary of the Treasury from authorizing certain transactions by a United States financial institution in connection with Iran, to prevent the International Monetary Fund from providing financial assistance to Iran, to codify prohibitions on Export-Import Bank financing for the Government of Iran, and for other purposes.
April 16, 2024
Status:Referred in Senate
Congress:118
Words:579
H.R. 5921 aims to restrict financial dealings between the United States and Iran. It prevents the U.S. government from allowing banks to conduct certain transactions with Iran, with exceptions for humanitarian purposes. The bill also directs U.S. representatives to the...
Simple Explanation
H.R. 5921 is a rule that tries to stop money transactions between the U.S. and Iran, except for helping people with things like food and medicine. It also says the U.S. should not help Iran with money from the International Monetary Fund unless Iran stops bad activities.
H. R. 540 — An Act To require the Secretary of the Treasury to pursue more equitable treatment of Taiwan at the international financial institutions, and for other purposes.
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January 16, 2024
Status:Referred in Senate
Congress:118
Words:1,806
H. R. 540, titled the "Taiwan Non-Discrimination Act of 2023," aims to push for Taiwan's fair treatment in international financial institutions like the International Monetary Fund (IMF). The bill underscores Taiwan's significant economic role and supports its inclusion in...
Simple Explanation
The Taiwan Non-Discrimination Act of 2023 is about making sure Taiwan is treated fairly when it comes to joining international money groups like the IMF, because Taiwan has a big and important economy. It asks the U.S. to help Taiwan get involved and says that officials need to keep trying to include Taiwan over the next few years.
H. R. 510 — An Act To require the United States Governor of, and the United States Executive Director at, the International Monetary Fund to oppose an increase in the weight of the Chinese renminbi in the Special Drawing Rights basket of the Fund, and for other purposes.
September 10, 2024
Status:Referred in Senate
Congress:118
Words:424
H.R. 510 is a bill requiring the United States representatives at the International Monetary Fund (IMF) to oppose any increase in the weight of the Chinese renminbi in the IMF's Special Drawing Rights basket. This opposition will remain unless the U.S. Treasury can certify...
Simple Explanation
H.R. 510 is a proposed rule that would tell the United States to say "no" if the International Monetary Fund wants to give China’s money, called the renminbi, more importance in a special money group, unless China behaves responsibly with its money. This rule would last for ten years.

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