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Do-Nothing House Heads Home Without Enacting Key Senate Bills

Congress should be doing all that it can to help create jobs, expand economic opportunity for middle-class families, and take on America’s challenges. Senate Democrats have succeeded in passing bill after bill that would cut taxes for the middle class and strengthen the economy. Rather than doing its part, the Republican House has gone on…

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Reid Statement on Passage of China Currency Bill

Washington, D.C. — Nevada Senator Harry Reid issued the following statement after the Senate approved a bipartisan bill that will pressure China to stop manipulating its currency: “For too long China has been using underhanded tactics to manipulate its currency at the expense of American workers and businesses. They deserve a level playing field. This…

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Senate Passes Bipartisan Bill to End Currency Manipulation, Save American Jobs

The bipartisan bill to end China’s unfair trade practice of currency manipulation passed in the Senate tonight by a vote of 63 to 35, with 15 Republicans joining Democrats to support it. The legislation, called the Currency Exchange Rate Oversight Act, provides tools to impose consequences on countries that manipulate their currency and consequently, cost…

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Reid: Republicans Should Stop Political Games, Work With Democrats To Support Over A Million American Jobs

Washington, D.C. – Nevada Senator Harry Reid made the following remarks today on the Senate floor regarding legislation to curb Chinese currency manipulation. Below are his remarks as prepared for delivery: Today I have the pleasure of welcoming a special guest from Nevada, the Reverend D. Edward Chaney, who just delivered an eloquent invocation. Pastor…

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Heard from the Floor: Top Three Reasons to End China’s Unfair Trade Practice

The bill before the Senate that would curb currency manipulation’s receiving overwhelming support by both Democrats and Republicans. Here’s a look at the top three reasons Democratic senators support the bill, known as the Currency Exchange Rate Oversight Reform Act: #1 The bill will save jobs Senator Richard Blumenthal (Conn.): “China has been manipulate its…

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Economists Agree: China’s Currency Manipulation Contributes To U.S. Jobs Crisis

Greenspan: What China is Doing “Is the Definition of Currency Manipulation.” Former Federal Reserve Chairman Alan Greenspan said of China in June, “What they are doing is the definition of currency manipulation.” [Bloomberg, 6/17/11] Reagan Administration Trade Official: “China Engages In Currency Manipulation.” Robert E. Lighthizer, who served as a deputy U.S. Trade Representative in…

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Reid: Republicans Must Stop Rooting For Our Economy To Fail, Help Democrats Put Americans Back To Work By Ending China’s Currency Manipulation

Washington, D.C. – Nevada Senator Harry Reid made the following remarks today on the Senate floor regarding legislation to curb China’s unfair currency manipulation. Below are his remarks as prepared for delivery: Today the Senate begins another very busy work period. I am confident it will be productive. Tonight, the Senate will vote to begin…

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Bipartisan US Senate Delegation Returns From China

Delegation Held Week of High-Level Meetings on International Security, Economy, Human Rights, Clean Energy 10 Senators Represented More Than 100 Million Americans, 1/3 of US Population Washington, DC–A bipartisan delegation of 10 United States Senators returned home Monday night following a week’s worth of meetings with high-level Chinese government officials, business leaders, U.S. Foreign Service…

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Historic Congressional Delegation Meets With Top Chinese Leaders, US Ambassador To China

Senators’ Meetings With China’s Vice Premier, Foreign Minister And Bank President Center On Global Security, Trade, Currency, And Human Rights Beijing, China – An historic delegation of ten United States Senators, led by Majority Leader Harry Reid of Nevada, met today with Wang Qishan, Vice Premier of China, Yang Jiechi, China’s Foreign Minister, and Zhou…

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Senate Delegation Arrives In Hong Kong

Washington, D.C. – Today a congressional delegation of 10 senators  arrived in Hong Kong and will be taking a week-long, informational trip throughout China. Led by Senate Majority Leader Harry Reid, the groups also includes Senators Richard Shelby, Barbara Boxer, Dick Durbin, Mike Enzi, Chuck Schumer, Frank Lautenberg, Johnny Isakson, Jeff Merkley and Michael Bennet. The group will also…

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