Bipartisan bill targets currency manipulation
Mar 20, 2013 | 03:44 PM
| Catherine Ngai
Tags
trade reform,
currency bill,
House of Representatives,
Tim Murphy,
Congressional Steel Caucus,
Sandy Levin,
Tim Ryan,
Mo Brooks
subsidy
NEW YORK — A bill to hold currency manipulators accountable was introduced in the House of Representatives March 20.
The Currency Reform for Fair Trade Act of 2013 would allow the Commerce Department to treat undervalued currency as a subsidy. The House of Representatives passed a similar bill with bipartisan support in the last Congress, but it did....
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