Political Quotes

“Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I rise in support of H.R. 540, the bipartisan Taiwan Non-Discrimination Act, sponsored by Congresswoman Kim of California and Congressman Green of Texas. This bill would require the United States to advocate for Taiwan's membership and meaningful participation at the International Monetary Fund, or IMF, to the extent that admission is sought by Taiwan. IMF membership provides several nonprofit benefits to participants, such as access to information on members' economic policies; access to technical assistance related to banking, fiscal affairs, and exchange issues; financial support in times of payment distress; and opportunities for trade and investment. If IMF admission is sought by Taiwan, this bill would further require the United States to press the IMF to monitor and evaluate the health of Taiwan's economy; provide technical support to Taiwanese officials regarding microeconomic, monetary, and budget policies; and support employment opportunities at the IMF for Taiwan nationals. {time} 1445 To date, Taiwan has not formally requested membership at the IMF. I also understand that Taiwan does not intend to request membership this Congress and is, instead, focusing on other organizations such as the World Health Organization and the International Criminal Police Organization, INTERPOL.…”