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United States · Resolution · HCONRES

H.Con.Res. 285 (108th)

Expressing the concern of the Congress regarding the detrimental impact on the United States economy of the manipulation by foreign governments of their currencies.

referredUnited States· United States Congress· EN

Introduced

17 September 2003

Last action

23 September 2003 · Referred

Status

Referred to the Subcommittee on Trade.

Sponsors

Rep. Manzullo, Donald A. [R-IL-16], Rep. Stenholm, Charles W. [D-TX-17], Rep. Rogers, Mike J. [R-MI-8], Rep. Hill, Baron P. [D-IN-9], Rep. Green, Mark [R-WI-8], Rep. Hinojosa, Ruben [D-TX-15], Rep. McCotter, Thaddeus G. [R-MI-11], Rep. English, Phil [R-PA-3], Rep. Ballenger, Cass [R-NC-10], Rep. Goodlatte, Bob [R-VA-6], Rep. Myrick, Sue Wilkins [R-NC-9], Rep. Green, Gene [D-TX-29], Rep. Kennedy, Mark R. [R-MN-6], Sen. DeMint, Jim [R-SC], Rep. Johnson, Timothy V. [R-IL-15], Rep. Norwood, Charles W. [R-GA-9], Rep. Edwards, Chet [D-TX-17], Rep. Hayes, Robin [R-NC-8], Rep. Simmons, Rob [R-CT-2], Rep. Hoekstra, Peter [R-MI-2], Rep. Ryan, Paul [R-WI-1], Rep. Walsh, James T. [R-NY-25], Rep. Upton, Fred [R-MI-6], Rep. Ryan, Tim [D-OH-13], Rep. Wolf, Frank R. [R-VA-10], Rep. Goode, Virgil H., Jr. [R-VA-5], Rep. Ehlers, Vernon J. [R-MI-3], Rep. Sullivan, John [R-OK-1], Sen. Isakson, Johnny [R-GA], Rep. Souder, Mark E. [R-IN-3], Rep. Platts, Todd Russell [R-PA-19], Sen. Burr, Richard [R-NC], Rep. Jones, Walter B., Jr. [R-NC-3], Rep. McHugh, John M. [R-NY-23], Rep. Barrett, J. Gresham [R-SC-3], Rep. Coble, Howard [R-NC-6], Rep. Slaughter, Louise McIntosh [D-NY-25], Rep. Hart, Melissa A. [R-PA-4], Rep. Marshall, Jim [D-GA-8], Rep. McIntyre, Mike [D-NC-7], Rep. LoBiondo, Frank A. [R-NJ-2], Rep. Camp, Dave [R-MI-4], Rep. Watt, Melvin L. [D-NC-12], Del. Bordallo, Madeleine Z. [D-GU-At Large], Sen. Schiff, Adam B. [D-CA], Rep. Moore, Dennis [D-KS-3], Rep. Michaud, Michael H. [D-ME-2], Rep. Kingston, Jack [R-GA-1]

Subjects

Discovery layer

Source updated

2 January 2025

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Summary

Expresses congressional concern over the detrimental effects of currency manipulation by foreign governments on the U.S. economy, especially the manufacturing sector. Calls on the President to: (1) vigorously enforce U.S. trade laws dealing with such practices; (2) encourage the harmonization of an international exchange rate policy of freely floating exchange rates based on market forces; and (3) review all tools available to counteract currency manipulation. Urges that: (1) the executive branch take certain steps to enable the dollar and other major currencies to move toward their equilibrium rates; (2) the Secretary of the Treasury include in each semiannual report on international economic and exchange rate policies the currency manipulation practices of foreign governments; and (3) the U.S. Trade Representative take action under section 301 of the Trade Act of 1974 to combat such practices should negotiations fail to produce meaningful results.

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

Timeline

  1. 17 September 2003

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 17 September 2003

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 17 September 2003

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 23 September 2003

    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 · 17 September 2003

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  • Introduced in House (PDF)

    Introduced in House · EN · 17 September 2003

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  • Introduced in House

    summary · EN · 17 September 2003

    Open at official source

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Sponsors

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Related records

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Sources

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