I believe that the time for talking has long passed and the time for action has arrived.

They want jobs, and they are right.

I think it is high time, Mr. Secretary, that we see a little bit of that hope and change that you promised.

Since the beginning of 2000, 10 years, there has been a loss of close to 5.6 million payroll job in manufacturing in this Country.

Because the Chinese continue to manipulate their currency, thousands of Americans are out of work.

The American public, Mr. Secretary, is tired of hearing about the sophisticated nuances of international diplomacy.

There is no question in my mind that China manipulates its currency in order to subsidize Chinese exports.

American workers are tired of hearing about delicate international dialogue between global ministers at resort cities.

The massive current account surpluses accumulated by China are directly related to its manipulation of its currency value.

The only question is, why is the Administration protecting China by refusing to designate it as a currency manipulator?

Make no mistake, the Chinese will continue to negotiate as long as they deem it in their interest to do so.

President Obama, backed by the conclusions of a broad range of economists, believes that China is manipulating its currency.