Expressing the sense of the House of Representatives that the Chinese Communist Party should be held accountable for present day efforts of knowingly and intentionally manipulating their currency.

Sponsor introductory remarks on measure. (CR H2953-2955)

Congressional Research Service

Official summary

Version 00 · Introduced in House · May 18, 2023

This resolution condemns the Chinese Communist Party (CCP) for knowingly and intentionally manipulating its currency. The resolution also (1) supports the actions by former Treasury Secretary Steven Mnuchin to engage with the International Monetary Fund to eliminate the unfair competitive advantage created by China in 2019, and (2) calls on the Biden administration to take similar action to hold the CCP accountable for their present-day efforts to manipulate their currency.

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People & committees

Who introduced it

Rep. Santos, George [R-NY-3] · R–NY

Committees

Financial Services Committee

0 cosponsorship records, including any withdrawals

Legislative record

Actions

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Jun 15, 2023
Sponsor introductory remarks on measure. (CR H2953-2955)
May 18, 2023
Referred to the House Committee on Financial Services.
May 18, 2023
Introduced in House
May 18, 2023
Introduced in House

Primary sources

Bill text & related measures

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

Introduced in House · May 18, 2023 Formatted Text PDF Formatted XML

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: Jul 24, 2024. Consult Congress.gov for the current record.

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Neutral evidence review

Objective

Analyze H.Res.421 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

View full prompt & sources

Discuss H.Res.421, 118th Congress: Expressing the sense of the House of Representatives that the Chinese Communist Party should be held accountable for present day efforts of knowingly and intentionally manipulating their currency.

Official record: https://www.congress.gov/bill/118th-congress/house-resolution/421

Text version to examine: Introduced in House · 2023-05-18.

Official full text: https://www.congress.gov/118/bills/hres421/BILLS-118hres421ih.htm

Imported record last updated by the source: 2024-07-24T15:22:17Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Analyze H.Res.421 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

Fairness and public impact

Progressive lens

Examine H.Res.421 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

View full prompt & sources

Discuss H.Res.421, 118th Congress: Expressing the sense of the House of Representatives that the Chinese Communist Party should be held accountable for present day efforts of knowingly and intentionally manipulating their currency.

Official record: https://www.congress.gov/bill/118th-congress/house-resolution/421

Text version to examine: Introduced in House · 2023-05-18.

Official full text: https://www.congress.gov/118/bills/hres421/BILLS-118hres421ih.htm

Imported record last updated by the source: 2024-07-24T15:22:17Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.Res.421 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

Institutions and government scope

Conservative lens

Examine H.Res.421 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

View full prompt & sources

Discuss H.Res.421, 118th Congress: Expressing the sense of the House of Representatives that the Chinese Communist Party should be held accountable for present day efforts of knowingly and intentionally manipulating their currency.

Official record: https://www.congress.gov/bill/118th-congress/house-resolution/421

Text version to examine: Introduced in House · 2023-05-18.

Official full text: https://www.congress.gov/118/bills/hres421/BILLS-118hres421ih.htm

Imported record last updated by the source: 2024-07-24T15:22:17Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.Res.421 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

Individual rights and government power

Liberty lens

Examine H.Res.421 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

View full prompt & sources

Discuss H.Res.421, 118th Congress: Expressing the sense of the House of Representatives that the Chinese Communist Party should be held accountable for present day efforts of knowingly and intentionally manipulating their currency.

Official record: https://www.congress.gov/bill/118th-congress/house-resolution/421

Text version to examine: Introduced in House · 2023-05-18.

Official full text: https://www.congress.gov/118/bills/hres421/BILLS-118hres421ih.htm

Imported record last updated by the source: 2024-07-24T15:22:17Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.Res.421 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.