Sens. Float Currency Oversight Bill To Keep China In Check

Law360, New York (June 5, 2013, 7:28 PM EDT) -- U.S. Sen. Sherrod Brown and seven other senators reintroduced a bill on Wednesday that would reform and enhance oversight of currency exchange rates, a move largely targeted at preventing China from continuing to “cheat” at international trade by manipulating its currency, the lawmakers said.

Sen. Brown, D-Ohio, along with Jeff Sessions, R-Ala., Chuck Schumer, D-N.Y., Lindsey Graham, R-S.C., Debbie Stabenow, D-Mich., Richard Burr, R-N.C., Susan Collins, R-Maine, and Robert Casey, D-Pa., reintroduced the bipartisan Currency Exchange and Oversight Reform Act in an effort to shine a...
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