H.R.692
China Exchange Rate Transparency Act of 2025
Date of Vote: February 10, 2025
Chamber of Origin: HouseCongress: 119thRoll Call Number: 36 | Session Number: 1
The China Exchange Rate Transparency Act of 2025 aims to enhance the transparency of the People's Republic of China's exchange rate policies by instructing the U.S. Executive Director at the International Monetary Fund (IMF) to advocate for increased data sharing and surveillance. The Act highlights China's limited transparency regarding its exchange rate mechanisms and calls for the inclusion of significant divergences from other currency issuers in IMF consultations. It also emphasizes the need for stronger consideration of China's role as a responsible stakeholder in the international monetary system during IMF governance reviews. The Act will remain in effect until China complies with its IMF obligations or for a maximum of seven years.1
Turning Point Action’s Position
Voted YEA
388VOTED NAY
7Voted yea
Voted nay
Not voting
Present
Abstaining
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