Chinese Currency Bill

Floor Speech

Ms. HOCHUL. I rise in support of bipartisan, job-creating legislation to crack down on the unfair manipulation of Chinese currency.

Businesses in my district, like Pyrotek and I Squared R Element, are ready to lead the resurgence of American manufacturing, but these businesses are competing on an unlevel playing field.

For far too long, China has gotten away with manipulating its currency to make Chinese exports to America cheaper and American exports to China more expensive. There is overwhelming bipartisan support to hold China accountable. Level the playing field, and I would put my team up against any team in this world--second to none. The Currency Reform for Fair Trade Act would enhance our economic security; it would enhance our national security; and it would help create over 1 million jobs here in America.

I call on the leadership of this House to bring this legislation to a vote, and I call on all of my colleagues to support it.

Source