# 119-hr-8290: China Exchange Rate Accountability Act of 2026

119-hr-8290, China Exchange Rate Accountability Act of 2026, is a 119th Congress bill sponsored by Rep. Sessions, Pete [R-TX-17] (R-TX); status in_committee; PRIA reads it as touching household money (as of 2026-09-21).

- Canonical: https://policyrisk.com/legislation/119-hr-8290
- As of: 2026-09-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-8290
- Congress: 119
- Title: China Exchange Rate Accountability Act of 2026
- Status: in_committee
- Introduced: 2026-04-15
- Sponsor: Rep. Sessions, Pete [R-TX-17] (R-TX)
- Cosponsors: 0
- Policy area: International Affairs
- Touches household money: yes
- Last recorded action: 2026-09-21

## Summary

**Blocks increases in China’s IMF voting power unless China meets transparency and exchange-rate criteria.** This bill would force the Treasury to review the People’s Republic of China’s exchange-rate practices and balance of payments data before the U.S. can back any boost to China’s IMF voting share. - The Secretary of the Treasury must send a report to Financial Services and Foreign Relations committees at least 7 days before consideration of any proposal to increase the PRC’s IMF voting power. The report must say whether, based on the prior 12 months of public data, China met three tests about Article VIII compliance, exchange-rate transparency, and whether a current account surplus reflects persistent exchange-rate management. - If the Secretary finds China failed any test, the Secretary must instruct the U.S. IMF Governor to oppose the proposal to increase China’s voting power. - The President can waive that instruction by notifying the same committees that the waiver is important to the national interest and explaining why. The provision sunsets 7 years after enactment.

## Provisions PRIA read

- Treasury report before China IMF vote: benefit, low. This bill would require the Secretary of the Treasury to submit a report at least seven days before the IMF considers any proposal to increase China’s voting power. The report would use public data from the prior 12 months and say whether China met three tests: (1) not appearing to violate Article…

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025
- 119-hr-6955: Main Street Capital Access Act
- 119-hr-4317: PBM Reform Act of 2025
- 119-hr-3383: Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
- 119-hr-471: Fix Our Forests Act

## Sources
- [119-hr-8290 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/8290)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [119-hr-6955: Main Street Capital Access Act](https://policyrisk.com/legislation/119-hr-6955)
- [119-hr-4317: PBM Reform Act of 2025](https://policyrisk.com/legislation/119-hr-4317)
- [119-hr-3383: Incentivizing New Ventures and Economic Strength Through Capital Formation Act…](https://policyrisk.com/legislation/119-hr-3383)
- [119-hr-471: Fix Our Forests Act](https://policyrisk.com/legislation/119-hr-471)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-8290 (as of 2026-09-21).