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HR 386 · in committee · significant

Chinese Currency Accountability Act of 2025

What this bill does

  • The bill directs the U.S. to oppose increasing the Chinese yuan's weight in IMF currency valuations.
  • U.S. officials at the International Monetary Fund are affected by new voting instructions.
  • Treasury must certify China meets currency and trade standards before allowing any increase.

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Community Threads

Started by Cosponsor

  1. 01

    How might U.S. opposition to yuan weight in IMF valuations affect American trade relationships and dollar dominance in global markets?

  2. 02

    What specific currency and trade standards would China need to meet for Treasury certification, and who decides if they're satisfied?

  3. 03

    Could restricting China's IMF currency role prompt other countries to create alternative financial systems that exclude U.S. influence?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-OH-8

Warren Davidson

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Introduced 2025-02-11

Joining the bill

Legislative timeline

  1. 2025-02-11 · senate · IntroReferral

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

  2. 2025-02-10 · house · Floor

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

  3. 2025-02-10 · house · Floor

    On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H595)

  4. 2025-02-10 · Floor

    Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H595)

  5. 2025-02-10 · house · Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 386.

  6. 2025-02-10 · house · Floor

    Considered under suspension of the rules. (consideration: CR H595-596)

  7. 2025-02-10 · house · Floor

    Mr. Hill (AR) moved to suspend the rules and pass the bill.

  8. 2025-01-14 · house · IntroReferral

    Referred to the House Committee on Financial Services.

  9. 2025-01-14 · IntroReferral

    Introduced in House

  10. 2025-01-14 · IntroReferral

    Introduced in House

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