Political Quotes

Michael Bennet: “So my concern is that when China pegs its exchange rate artificially low, it results in a situation where they are able…”

On the recordSeptember 15, 2010
So my concern is that when China pegs its exchange rate artificially low, it results in a situation where they are able to sell their products at an artificially low price to the world, which means that they out-compete us, which means we lose manufacturing jobs in America.
Said by
Michael Bennet
Democratic · Colorado

Editor's note · Context

Bennet discusses the impact of China's currency manipulation on American manufacturing jobs.

Share

More from Michael Bennet

Jul 30, 2026

I'm concerned Jay Clayton lacks the independence necessary to successfully lead our intelligence community.

reason.com
Oct 14, 2026

We need to renew the federal child tax credit to continue lifting families out of poverty.

coloradonewsline.com
Sep 26, 2026

Our Eviction Crisis Act will both prevent eviction and limit the harm when it is unavoidable.

young.senate.gov
Aug 6, 2026

If you are interested in, and I’m sure everybody here is, in creating a set of incentives that actually will lead to better results, that will allow us to attack fraud and abuse and waste in these systems, that is not the system that we…

sourcenm.com

Other voices in this conversation