H.R. 692: China Exchange Rate Transparency Act of 2025
A House bill (H.R.) in the 119th U.S. Congress.
Overview
| Congress | 119th U.S. Congress (2025–2026) |
|---|---|
| Type | House bill (H.R.) |
| Originating chamber | House |
| Introduced | 2025-01-23 |
| Sponsor | Rep. Meuser, Daniel [R-PA-9] |
| Policy area | International Affairs |
| Cosponsors | 10 |
| Latest action | 2025-02-11 — Received in the Senate and Read twice and referred to the Committee on Foreign Relations. |
| Last updated | 2026-07-13 |
Summary
Official summary (Introduced in House, 2025-01-23):
China Exchange Rate Transparency Act of 2023
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.
Cosponsors (10)
| Name | Party / state |
|---|---|
| Barry Loudermilk | R GA (original cosponsor) 2025-01-23 |
| Susie Lee | D NV (original cosponsor) 2025-01-23 |
| Monica De La Cruz | R TX (original cosponsor) 2025-01-23 |
| John R. Moolenaar | R MI (original cosponsor) 2025-01-23 |
| Mark B. Messmer | R IN (original cosponsor) 2025-01-23 |
| Michael Lawler | R NY 2025-01-28 |
| Ben Cline | R VA 2025-01-28 |
| Thomas R. Suozzi | D NY 2025-01-31 |
| Glenn Thompson | R PA 2025-02-06 |
| Stephanie I. Bice | R OK 2025-02-10 |
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for H.R. 692 are published by Congress on congress.gov.
View H.R. 692 on congress.gov →
Frequently asked questions
What is H.R. 692?
H.R. 692 is a House bill (H.R.) introduced in the 119th U.S. Congress, originating in the House. Official title: China Exchange Rate Transparency Act of 2025.
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for H.R. 692 are available on congress.gov.
Bill data: congress.gov API (official congressional records).