Levin Statement on Treasury Department Currency Manipulation Report

The following press release was published by the U.S. Congress Committee on Ways and Means on April 12, 2013. It is reproduced in full below.

WASHINGTON - Ways and Means Committee Ranking Member Sander Levin (D-MI) today issued the following statement in response to a report released by the U.S. Treasury Department that highlights continued currency manipulation by China and other countries:

"The Treasury Department's report once again acknowledges the seriousness of the problem. Action is long overdue. Currency manipulation needs to be addressed in ongoing trade negotiations, especially the Trans-Pacific Partnership talks. It is also time for the House Republican leadership to get out of the way and allow our currency bill to come to the Floor for a vote."

Source: U.S. Congress Committee on Ways and Means