Senators Ted Budd (R-NC) and Joe Manchin (D-WV) introduced the Chinese Currency Accountability Act. They were joined by Senators John Barrasso (R-WY), Katie Britt (R-AL), Mike Braun (R-IN), and Joni Ernst (R-IA). The bill requires the Secretary of the Treasury to oppose any future International Monetary Fund (IMF) elevations of China’s official currency, unless the communist nation undertakes major economic reforms. The House bill was led by Rep. Warren Davidson (R-OH