Legislation in the 113th Congress

I have introduced several pieces of legislation in the current Congress that address pressing issues facing the United States:

H.R. 1276 – The Currency Reform for Fair Trade Act.

This legislation seeks to level the playing field for American workers and businesses by giving the Obama Administration additional tools to address China’s fundamental undervaluation of its currency.  China suppresses the value of its currency, making China’s exports cheaper than they would be if China allowed its currency to be set by the market.  China’s currency policy places a drag on U.S. economic growth and job creation.  The measures included in this bill provide the Administration with additional tools for enforcing the rules of trade and are consistent with our World Trade Organization obligations.  This legislation is currently pending before the House Ways and Means Committee.