H.R. 692China Exchange Rate Transparency Act of 2025

1 recorded actionWhat the measure does Read on Congress.gov

Sponsor: Daniel Meuser [R-PA-09]
Cosponsors: 10 · 8 Republicans · 2 Democrats
Policy area: International Affairs
Committees: Financial Services Committee, Foreign Relations Committee
Latest action: Feb 11, 2025 · Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

IntroducedJan 23, 2025
Passed the HouseFeb 10, 2025
Passed the SenateNot yet reached
Sent to the PresidentNot yet reached
Became lawNot yet reached

What the measure doesCRS summary

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.

Written by the nonpartisan Congressional Research Service, describing H.R. 692 as introduced in House on Jan 23, 2025. It is not the text of the measure; a later amendment may have changed what it does.

How every member votedHouse roll call 36

House Feb 10, 2025

On Motion to Suspend the Rules and Pass, as Amended

China Exchange Rate Transparency Act

Passed · Two-thirds required

388 Yea 7 Nay 38 not voting

Crossed both parties 7 of 395 voting members broke with their own party: 7 Republicans.

Open the official roll call

How the chamber split

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DemocratsIndependentsRepublicansFilled: YeaRing: NayGrey: not voting or present

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All members433 members

Democratic215 members

Independent1 member

Republican217 members

marks half of the votes cast. A party’s majority is the side most of its voting members took.

Cosponsors10 · 8 Republicans · 2 Democrats

Signing on is not a vote: a member can cosponsor H.R. 692 and vote against it. 5 signed when it was filed.

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H.R. 692China Exchange Rate Transparency Act of 2025

What the measure doesCRS summary

How every member votedHouse roll call 36

On Motion to Suspend the Rules and Pass, as Amended

How the chamber split

Cosponsors10 · 8 Republicans · 2 Democrats

H.R. 692China Exchange Rate Transparency Act of 2025

What the measure doesCRS summary

How every member votedHouse roll call 36

On Motion to Suspend the Rules and Pass, as Amended

How the chamber split

Cosponsors10 · 8 Republicans · 2 Democrats

Who lobbied on H.R. 6921 organization

Who lobbied on H.R. 6921 organization