Political Quotes

“Today I speak in favor of H.R. 2378, the Currency Reform for Fair Trade Act, which seeks to level the playing field for American companies, some of whom have found themselves unable to compete with foreign companies who are unfairly subsidized by foreign governments. Mr. Speaker, I would like to take my time to recognize the work of former Congressman Phil English, who represented the 3rd District of Pennsylvania until the 111th Congress. Congressman English was a long- time supporter of American manufacturers and was a champion of raising awareness and solving the problem of illegal trade practices. Congressman English raised these issues when he introduced H. Res. 414 in the 108th Congress. The resolution, which encouraged China to engage fair currency valuation, passed nearly unanimously (411-1) in October 2003. In the 109th Congress, Representative English introduced the first China currency bill in the House--H.R. 3004, the Currency Harmonization through Neutralizing Action, CHINA, Act. The bill directed the Treasury Department to analyze the exchange rate policies of the People's Republic of China, and to impose additional tariffs, if necessary, to equalize any currency manipulations. He also helped advocate for the Department of Commerce to consider countervailing duty cases for nonmarket economies, such as China. First introducing this legislation in the 106th Congress, H.R.…”