On the recordMay 19, 2015
I have a modification to my amendment No. 1411 at the desk. The PRESIDING OFFICER. The amendment is so modified. The amendment, as modified, is as follows: In the language proposed to be stricken on page 27, lines 6 & 7 strike ``appropriate.'' and insert: appropriate. (12) Foreign Currency Manipulation.--The principal negotiating objective of the United States with respect to unfair currency practices is to seek to establish accountability through enforceable rules, transparency, reporting, monitoring, cooperative mechanisms, or other means to address exchange rate manipulation involving protracted large scale intervention in one direction in the exchange markets and a persistently undervalued foreign exchange rate to gain an unfair competitive advantage in trade over other parties to a trade agreement, consistent with existing obligations of the United States as a member of the International Monetary Fund and the World Trade Organization. ____________________
