Hoyer Statement on Senate Vote to Move Forward With Currency Manipulation Bill

For Immediate Release:

October 6, 2011

Contact:

Katie Grant, 202-225-3130

WASHINGTON, DC - House Democratic Whip Steny H. Hoyer (MD) released the following statement today after the Senate voted to move forward and consider a bill that will hold countries accountable for manipulating their currency:

“Today I was pleased that the Senate voted in a bipartisan manner to move forward and consider legislation that will hold countries accountable for manipulating their currency. I strongly believe that American workers and businesses can win when they compete on a fair and level playing field, and that is what this bill would help achieve. As part of House Democrats’ Make It In America jobs plan, this legislation would have a significant impact on lowering our trade deficit and getting more Americans back to work in our manufacturing sector. This bill received bipartisan support in the House last year, and I urge House Republicans to bring this bill to the Floor immediately.”

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