Bill

H.R. 692 (119th): China Exchange Rate Transparency Act of 2023

China Exchange Rate Transparency Act of 2023 This bill requires the U.S. Executive Director at the International Monetary Fund (IMF) to use the voice and vote of the United States to advocate for increased exchange rate transparency from China. Some areas of focus for this advocacy are (1) Chinese exchange rate arrangements, including any indirect foreign exchange market intervention through Chinese financial institutions or state-owned enterprises; (2) enhanced multilateral and bilateral surveillance by the IMF; and (3) stronger consideration of China's performance as a responsible stakeholder in the international monetary system when evaluating quota and voting shares at the IMF. The requirements of the bill expire seven years and 30 days after the date of the bill's enactment or earlier if China meets certain conditions regarding its exchange rate policies.

house · Substantive

Rankings updated October 26, 2026, 11:44 AM ET · Votes through September 30, 2026
Exported candidates: 719 | Filings on file, by office: H: 5838 | P: 1467 | S: 1567. These counts include every filing for that office, so they are larger than the ranked list. One person can have more than one filing. Non-voting delegates are left out.

Official source

Summary

Recorded summary

The bill directs the U.S. Executive Director at the International Monetary Fund to use the U.S. voice and vote to press for greater exchange rate transparency from China. Advocacy focuses on China's exchange rate arrangements, including indirect foreign exchange market intervention through financial institutions and state-owned enterprises; enhanced IMF multilateral and bilateral surveillance; and consideration of China's performance as a responsible stakeholder when reviewing IMF quota and voting shares. The requirements expire seven years and 30 days after enactment, or earlier if China meets specified exchange rate policy conditions.

economic_transparencyforeign_policy

Theological note: Scripture requires honest weights and measures and truthful dealing in commerce (Deut. 25:13-16; Prov. 11:1), so concern for transparency in currency practices bears on justice in economic dealings. The measure, however, is an advocacy mandate on a contested monetary and diplomatic question, and it does not directly restrain or advance a named moral harm. This is issue relevance for prudential judgment, not a final candidate judgment.

Scoring

How this bill is scored

Debt and war Cloture and Tier 1 Procedural votes Scoring mechanics

Roll

Recorded votes

Roll 36 · 10-Feb-2025 6:49 PM · On Motion to Suspend the Rules and Pass, as Amended · Passed

Yea 388 · Nay 7 · Other 38

Yea

Nay

Other

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