An amendment to require the President to report to Congress, within 90 days, the role of the IMF and the U.S. in maintaining "realistic market-related exchange rates with other major currencies and making recommendations as to what can be done to avoid exchange rate manipulation". The Secretary of the Treasury, at the President's instructions is to work toward adoption by the IMF of policies that promote stability of exchange rates and avoid their manipulation. The Secretary is to propose to the IMF a study of how to correct structural imbalances with funds.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

Amendment Passed in Committee of the Whole by Voice Vote.

Records

Official amendment HAMDT 250 (98th) from United States at United States Congress. Status: Amendment Passed in Committee of the Whole by Voice Vote..

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