Congressional Digest

International Debates Archives November 2010 No. 8 Vol. 8
Honorable Charles Boustany

China's Currency Policy

Trade Imbalances and the Global Economy

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Honorable Charles Boustany

U.S. Representative, Louisiana, Republican

Representative Boustany, of the Seventh District of Louisiana, was first elected to the U.S. House of Representatives in 2004. He serves on the Ways and Means Committee, where he is the ranking member of the Subcommittee on Oversight. The following is excerpted from a September 29, 2010, statement on the floor of the U.S. House of Representatives during debate of H.R. 2378, the Currency Reform for Fair Trade Act. Let me just be clear to start. China’s currency policy is wrong, and it is harmful for the United States and for China. But it is one of many problems, a…

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