Senator David McCormick introduces bill to increase transparency in China's exchange rate policies
The China Exchange Rate Transparency Act of 2025 aims to increase transparency in China’s exchange rate policies. The bill instructs the U.S. Executive Director at the IMF to advocate for clearer monitoring of China’s practices. Key components include enhanced surveillance and tracking of foreign exchange interventions by Chinese entities.
Senator David McCormick has proposed several bills, including the China Exchange Rate Transparency Act of 2025. Other bills cover topics such as fossil energy relocation and Taiwan non-discrimination. You can track McCormick’s proposed bills on Quiver Quantitative’s politician page.
Senator David McCormick has made significant stock trades, including selling $5M of GS in February 2025. His purchases and sales have seen varying returns since then, with notable trades in RUM, BITB, and IJR. Track McCormick’s stock trading on Quiver Quantitative’s politician page for more insights.
Read more at Nasdaq: New Bill: Senator David McCormick introduces S. 2146: China Exchange Rate Transparency Act of 2025