Chinese Currency Accountability Act of 2025

Summary

Official

Chinese Currency Accountability Act of 2025 This bill requires the United States to oppose, absent specified conditions, any increase in the weight of Chinese currency (i.e., the renminbi) in the basket of currencies (currently, a set of five currencies, each with different weightings) used to determine the value of Special Drawing Rights. Special Drawing Rights are...

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Bill Progress

Passed House, sent to Senate

Introduced(1/14/25)

Committee

Passed House

Passed Senate

President

Law