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United States · Bill · HR

H.R. 3157 (109th)

Currency Manipulation Prevention Act

referredUnited States· United States Congress· EN

Introduced

30 June 2005

Last action

1 July 2005 · Referred

Status

Referred to the Subcommittee on Trade.

Sponsors

Rep. Dingell, John D. [D-MI-12], Rep. McCotter, Thaddeus G. [R-MI-11], Rep. Ryan, Tim [D-OH-13], Rep. Kilpatrick, Carolyn C. [D-MI-13], Rep. Kildee, Dale E. [D-MI-5], Rep. Stupak, Bart [D-MI-1], Rep. Conyers, John, Jr. [D-MI-13]

Subjects

Discovery layer

Source updated

15 August 2025

Summary

Currency Manipulation Prevention Act - Amends the Trade Act of 2002 to state that the principal negotiating objective of the United States with respect to currency exchange rates is to ensure that governmental intervention in currency markets is of limited duration and is carried out in consultation with countries with major trading partners. Directs the Secretary of Commerce to submit biannual reports: (1) describing actions by foreign governments to manipulate their currencies to increase their exports and to limit imports from the United States; (2) analyzing the impact of such currency manipulation on the U.S. manufacturing sector and on U.S. monetary policy; and (3) setting forth remedies against such currency manipulation. Directs the President to: (1) negotiate with any country identified by the Secretary of Commerce as engaging in currency manipulation to end such practice; and (2) seek compensation from such country (if in the national interest) for the damages incurred by U.S. manufacturers.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 30 June 2005

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 30 June 2005

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 30 June 2005

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 1 July 2005

    Referred

    Referred to the Subcommittee on Trade.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 30 June 2005

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 30 June 2005

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 30 June 2005

    Open at official source

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Sponsors

Related records

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Sources

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