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H.R.692 / 119th Congress

China Exchange Rate Transparency Act of 2025

Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

Official summary

Version 00 · Introduced in House · Jan 23, 2025

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.

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Who introduced it

Rep. Meuser, Daniel [R-PA-9] · R–PA

Committees

  • Foreign Relations Committee
  • Financial Services Committee
10 cosponsorship records, including any withdrawals

Actions

A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

  1. Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

  2. Motion to reconsider laid on the table Agreed to without objection.

  3. On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 388 - 7 (Roll no. 36). (text: CR H597)

    House roll call 36 · Individual votes
  4. Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 388 - 7 (Roll no. 36). (text: CR H597)

    House roll call 36 · Individual votes
  5. Considered as unfinished business. (consideration: CR H605)

  6. At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

  7. DEBATE - The House proceeded with forty minutes of debate on H.R. 692.

  8. Considered under suspension of the rules. (consideration: CR H596-599)

  9. Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.

  10. Referred to the House Committee on Financial Services.

  11. Introduced in House

  12. Introduced in House

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Aug 20, 2026. Consult Congress.gov for the current record.

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Objective

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