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HB386Introduced in the House

Chinese Currency Accountability Act of 2025

EngrossedSenate Foreign Relations

Introduced by Warren Davidson, District OH-8

What does this bill do?

Plain-English breakdown

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Official description

To require the United States Governor of, and the United States Executive Director at, the International Monetary Fund to oppose an increase in the weight of the Chinese renminbi in the Special Drawing Rights basket of the Fund, and for other purposes.

Where it stands

Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

February 11, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

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Bill history

  1. Introduced in House

  2. Referred to the House Committee on Financial Services.

  3. Mr. Hill (AR) moved to suspend the rules and pass the bill.

  4. Considered under suspension of the rules. (consideration: CR H595-596)

  5. DEBATE - The House proceeded with forty minutes of debate on H.R. 386.

  6. On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H595)

  7. Motion to reconsider laid on the table Agreed to without objection.

  8. Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

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