Archive | Currency

China hires Patton Boggs to lobby currency bill

From the NY Times: The Chinese Embassy has retained one of Washington’s most powerful lobbying shops, Patton Boggs, to represent its interests for $420,000 a year. The Chinese government complains about the U.S. intervening in their internal affairs, but regularly hires lobbyists to intervene in our internal affairs. Imagine if…

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Roll Call vote, final passage of S. 1619, the Currency Exchange Rate Oversight Reform Act

Here is the final tally on last night’s Senate currency bill vote, on S. 1619, the Currency Exchange Rate Oversight Act. A “yes” vote was the right vote to protect U.S. jobs and growth. A “no” vote was the wrong vote to protect the Chinese Ministry of Finance. Partisan Tally:…

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Cantor continues protecting China cheating

Despite the fact that a majority of the House (225) has co-sponsored the House currency bill, Cantor’s personal “protect China, screw America” instincts are leading him to prevent a vote. His current distraction rhetoric is that he wants to wait to see what the White House wants to do with…

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News Release: CPA Applauds Senate Passage of Currency Reform Bill

News Release October 11, 2011 The Coalition for a Prosperous America (CPA) applauds Senate passage of the Currency Exchange Rate Oversight Act of 2011 (S. 1619) tonight at 6:28 pm et.  The final vote tally was 63 to 35 in favor.  (In comparison, the first cloture vote on the bill…

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Sessions challenges right on China

The following article by Scott Wong appeared in Politico here. Few take notice when Sen. Jeff Sessions lashes out at President Barack Obama on the chamber floor. But Alabama’s partisan pit bull has turned his sharp tongue on fellow Republicans in recent days, pressuring them to back a China currency…

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Lindsay Graham on currency - video

Here is Lindsay Graham on currency manipulation, interviewed on Fox News. Watch the latest video at

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Alabama Voices: Currency legislation would add jobs

The following article by U.S. Senator Jeff Sessions appeared in the Montgomery Advertiser here.  Senator Sessions, R-Ala., is an original co-sponsor of the “Currency Exchange Rate Oversight Reform Act.” He is ranking member on the Senate Budget Committee. As our nation struggles with surging debt and unemployment, Washington must pursue…

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Morici: 10.10.11: Pass the China Currency Bill

The following was written by Peter Morici, a professor at the Smith School of Business, University of Maryland School. The China Currency Bill is the most significant jobs bill Congress could pass. It enjoys the bi-partisan support of nearly 80 Republican and Democratic Senators, yet President Obama and Speaker Boehner…

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Senate to vote on Currency Bill today after 5:30p

The Senate will vote on the currency bill today, after 5:30p et.  See below from the Office of the Senate Majority Leader: Senate Floor Schedule for Tuesday, October 11, 2011 The Senate stands adjourned until 12:00pm on Friday, October 7, 2011 for a pro-forma session only with no business conducted….

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Senate currency vote Tuesday. What are they thinking.

It looks like Reid will hold the vote on S. 1619 on Tuesday evening.  About 6:30p.  Things could change, but that’s current status. Unfortunately, there’s talk of Reid holding a vote on the FTA’s Wednesday.  I don’t know his strategy in that it seems risky, from his perspective, to allow…

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