Representative Levin Plans to Reintroduce China Currency Bill
In response to the Treasury Department’s semi-annual report to Congress on exchange rates, Representative Levin (D), Ranking Member of the House Ways and Means Committee, expressed disappointment with the Treasury’s decision not to name China a currency manipulator. Levin also…
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announced plans to reintroduce legislation to give the Administration additional tools to deal with China’s currency manipulation. (See ITT's 02/07/11 news, 11020728, for BP summary of Treasury's report.) Levin’s statement available by emailing documents@brokerpower.com.