Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 09 OCTOBER 2011

China Currency Bill

Cozen O'Connor
Explore more from Cozen O'Connor

Later today the Senate will vote on "S. 1619, The Currency Exchange Rate Oversight Reform Act of 2011". The bill, which is directed towards combating China’s manipulation of the Yuan, would make it easier for the Commerce Department to investigate currency manipulation and hinder the United State Treasury’s ability to avoid the issue.

GlobalGovernment, Public Sector
Madeline Lurio
Madeline Lurio

Originally posted October 3, 2011

Later today the Senate will vote on "S. 1619, The Currency Exchange Rate Oversight Reform Act of 2011". The bill, which is directed towards combating China's manipulation of the Yuan, would make it easier for the Commerce Department to investigate currency manipulation and hinder the United State Treasury's ability to avoid the issue. A similar bill was passed, with support from both parties, in the House last year but failed to move once reaching the Senate. However, a continuing worry about the fragile economy and jobs being lost to overseas competitors has prompted a new bipartisan backing in the Senate towards the issue.

Despite a lack of support from the Obama Administration, the legislation appears to have a good chance of passing in the Senate and then moving to the House where Republicans and Democrats alike are known to support the issue. However, in spite of this rare camaraderie in Congress, new questions are casting

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

See more popular content from

Article

SBA Extends Deadline For Comments On Historic Overhaul Of Size Standards

The Small Business Administration has extended the comment period for two proposed rules that could dramatically reshape federal government contracting by significantly expanding the pool of entities eligible for small business set-aside procurements. With some size standard thresholds proposed to increase as much as tenfold, these changes would fundamentally alter the makeup of the small business contractor base.
United StatesGovernment, Public Sector
Crowell & Moring LLP
Crowell & Moring LLP
Article

D.C. Circuit Rules Pentagon Can Exclude Anthropic From Supply Chain

The U.S. Court of Appeals for the D.C. Circuit has ruled that the Department of War can exclude Anthropic from its supply chain under the Federal Acquisition Supply Chain Security Act, finding that the AI company's ability to manipulate its Claude model creates a supply chain risk. This decision contrasts with an earlier California district court ruling that blocked a similar designation under a different statute, creating a complex legal landscape for AI providers and government contractors.
United StatesGovernment, Public Sector
Taft, Stettinius & Hollister LLP
Taft, Stettinius & Hollister LLP
Article

Tennessee 2026 Midterm Election Results: Blackburn Wins Governor’s Race Amid Congressional And Legislative Upsets

Tennessee's 2026 midterm elections brought unexpected shifts to the state's political landscape, with Marsha Blackburn winning the governorship by the narrowest margin in over a century and Democrats flipping six House seats despite Republican supermajority retention. The results set the stage for significant leadership changes and new policy priorities when the 115th General Assembly convenes in January 2027.
United StatesGovernment, Public Sector
Bass, Berry & Sims PLC
Bass, Berry & Sims PLC
Article

State AG News: Consumer Fraud And Deceptive Practices (October 1-7, 2026)

State attorneys general across the nation are taking decisive legal action on multiple fronts, from challenging federal fuel economy rollbacks to pursuing pharmaceutical companies over misleading drug claims. This week's enforcement activities reveal coordinated multistate efforts alongside individual state actions targeting consumer protection, national security concerns, and social media platform accountability.
United StatesGovernment, Public Sector
Crowell & Moring LLP
Crowell & Moring LLP
Article

FMCSA MOTUS Implementation – Common Motor Carrier Concerns

The Federal Motor Carrier Safety Administration launched MOTUS in May 2026, replacing legacy registration platforms and fundamentally changing how motor carriers, freight brokers, and surface freight forwarders handle operating authority applications and license maintenance. While designed to combat fraud and streamline registration activities, the transition has created significant user experience challenges that threaten operating authority status and customer relationships for transportation service prov
United StatesGovernment, Public Sector
Benesch, Friedlander, Coplan & Aronoff LLP
Benesch, Friedlander, Coplan & Aronoff LLP
Article

BIOSECURE Act Update: Court Enjoins WuXi AppTec’s 1260H Designation, but Strategic and Compliance Clocks Keep Running

The U.S. District Court for the District of Columbia has preliminarily enjoined the Department of War from enforcing WuXi AppTec's Section 1260H designation, finding the agency misread its evidence on state and military affiliation. However, this ruling does not close alternative pathways to biotechnology company of concern (BCC) designation under the BIOSECURE Act, and earlier supply-chain restrictions continue to drive near-term compliance decisions with a critical June 30, 2027 deadline for sub-tier supp
United StatesGovernment, Public Sector
Greenberg Traurig
Greenberg Traurig
Article

Massachusetts’ 2026 Ballot Questions: What Clients Need To Know

Massachusetts voters will decide nine statewide ballot questions in November 2026 that could fundamentally reshape the state's legal, regulatory, and fiscal landscape. These measures address government transparency, election reforms, housing development, marijuana regulation, firearms laws, and state revenue limits, with implications extending far beyond Election Day to implementation, regulation, and ongoing policy debates.
United StatesGovernment, Public Sector
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.