Senate Passes China Currency Bill: Will Boehner Support Jobs as Well?
By a wide margin, the U.S. Senate this evening passed a bill to hold China accountable for its job-killing practice of currency manipulation. The 63-35 vote on S.1619, the Currency Exchange Rate Oversight Act of 2011, is a good step toward creating U.S. jobs.
According to new data, 2.8 million American jobs were lost or displaced over the past decade due to the growing U.S. trade deficit with China—fueled by Chinese currency manipulation.
But the measure must now be passed by the House, and AFL-CIO President Richard Trumka called on House Majority Leader John Boehner (R-Ohio) to “allow this vote to take place without delay.”
Congress must stand up for American manufacturing and put an end to the trade war being waged against the working families and communities. Our country needs jobs, and we can no longer afford to be passive.
Alliance for American Manufacturing Executive Director Scott Paul also challenged Boehner to pass the bill after tonight’s vote:
Will you side with the Beijing regime and outsourcers, or will you stand with American manufacturing?


