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United States · Resolution · HCONRES

H.Con.Res. 18 (104th)

Expressing the sense of the Congress that United States investors, lenders, and corporations should assume the full measure of risk and responsibility for their investments and loans in Mexico since the devaluation of the peso on December 21, 1994, and that loan guarantees that are backed by the full faith and credit of the United States and that could result in any direct or indirect financial obligation on the part of United States taxpayers should not be provided to the Mexican Government.

referredUnited States· United States Congress· EN

Introduced

24 January 1995

Last action

Status

Referred to the Subcommittee on Domestic and International Monetary Policy.

Sponsors

Subjects

Discovery layer

Source updated

6 February 2024

Summary

Expresses the sense of the Congress that: (1) U.S. investors, lenders, and corporations in the private sector should assume the full measure of risk and responsibility for their investments and loans in Mexico since the devaluation of the peso on December 21, 1994; and (2) loan guarantees that are backed by the full faith and credit of the United States and that could result in any financial obligation on the part of U.S. taxpayers should not be provided to the Mexican Government in the aftermath of the devaluation of the peso.

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3 official files

Introduced in House (text)

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