Tuesday, September 14, 2010

China's Currency

This week's big discussion in Washington is China’s currency. There will be two hearings held by the House Ways & Means Committee and one at the Senate Finance Committee. Prior to the hearings, the Heritage Foundation held a seminar examining congressional options. The video can be found HERE. All the hearings will be webcast.

CHINA’S EXCHANGE RATE POLICY PART (I)
9/15 – 10:30am, 1100 Longworth House Office Bldg., House Ways and Means Committee Full committee hearing on "China's Exchange Rate Policy," including discussion of H.R.2378, the "Currency Reform for Fair Trade Act." (Part One). Witness: The Honorable Tim Ryan, Representative in Congress from the State of Ohio; The Honorable Adrian Smith, Representative in Congress from the State of Nebraska; The Honorable John A. Boccieri, Representative in Congress from the State of Ohio; The Honorable Lynn Jenkins, Representative in Congress from the State of Kansas; Dan DiMicco, Chairman, President and Chief Executive Officer, NUCOR Corporation, North Carolina; C. Fred Bergsten, Ph.D., Director, Peterson Institute for International Economics; The Honorable Ira S. Shapiro, J.D., Shareholder, Greenberg Traurig, L.L.P. ; John R. Magnus, J.D., President, TRADEWINS L.L.C.; Leo W. Gerard, International President, United Steelworkers, Pittsburgh, Pennsylvania; John Frisbie, President, U.S.- China Business Council.

INTERNATIONAL ECONOMIC/EXCHANGE RATE POLICIES 
9/1
6 - 10:00 am, 538 Dirksen Senate Office Building. Senate Banking, Housing and Urban Affairs Committee, Full committee hearing on "The Treasury Department's Report on International Economic and Exchange Rate Policies." Witness: Treasury Secretary Timothy Geithner; Dr. C. Fred Bergsten, Director, Peterson Institute for International Economics; Mr. Lynn Brown, Senior Vice President of Sales and Marketing, Hydro Aluminum; Mr. Charles Freeman, Freeman Chair in China Studies, CSIS.

CHINA’S EXCHANGE RATE POLICY PART (II) 
9/16 – 2:00pm, 1100 Longworth House Office Bldg., House Ways and Means Committee Full committee hearing on "China's Exchange Rate Policy." (Part Two). Witness: Treasury Secretary Timothy Geithner testifies.

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