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H. Rept. 119-703 1 (2026-06-18)

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INFORMATION 4














                    119TH CONGRESS                                         REPORT
                       2d Session   J HOUSE   OF REPRESENTATIVES           119-703







                     CHINA EXCHANGE RATE ACCOUNTABILITY ACT OF 2026




                     JUNE 18, 2026.-Committed to the Committee of the Whole House on the State of
                                       the Union and ordered to be printed




                     Mr. HILL  of Arkansas, from the Committee  on Financial Services,
                                          submitted  the following


                                             REPORT


                                               together with

                                            MINORITY VIEWS

                                            [To accompany H.R. 8290]

                              [Including cost estimate of the Congressional Budget Office]

                      The  Committee  on  Financial Services, to whom  was referred the
                    bill (H.R. 8290) to require  the use  of the voice and  vote of the
                    United  States to oppose  any  quota increase  at the International
                    Monetary  Fund  for member  countries that employ certain exchange
                    rate practices, and for other purposes, having considered the same,
                    reports favorably thereon with  amendments   and  recommends   that
                    the bill as amended do pass.

                                                 CONTENTS
                                                                                    Page
                    Purpose and Sum m ary  ........................................................................................... .  2
                    Background and Need for Legislation  ....................................................................  3
                    Com m ittee  Consideration  ........................................................................................  3
                    R elated H earings  .....................................................................................................  3
                    C om m ittee  V otes  .....................................................................................................  4
                    Com m ittee  Oversight Findings  ...............................................................................  7
                    Perform ance Goals  and  Objectives  .........................................................................  7
                    Com m ittee  Cost  Estim ate  .......................................................................................  7
                    New Budget Authority and CBO Cost Estimate ...................................................  7
                    Unfunded M andates Statem ent  ..............................................................................  8
                    E arm ark Statem ent  .................................................................................................  8
                    Federal Advisory Committee Act Statement .........................................................  8
                    Applicability  to  the  Legislative  Branch  .................................................................  8
                    Duplication of Federal Program s  ............................................................................  8
                    Section-by-Section  Analysis of the  Legislation  ......................................................  9
                       69-006