Analyst: China Currency Bill Lose-Lose For Obama

Stephen Orlins, President of the National Committee on United States-China Relations, does not think it likely that the Currency Exchange Rate Oversight Reform Act will pass the House, but said it would be a lose-lose for President Obama if it does make it to the President’s desk. Orlins notes that either the President signs it and damages the economy or vetoes it and looks weak politically. The China currency bill was designed to give the U.S. tools to pressure countries that undervalue their currency. (0:35)

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China Currency Bill 'Doesn't Make Any Sense,' Expert Says

Stephen Orlins, president of the National Committee on United States-China Relations, questioned the motives behind the China currency bill calling the measure “a bill that really doesn’t make any sense.” The Currency Exchange Rate Oversight Reform Act was designed to give the U.S. tools to pressure countries that undervalue their currency. (0:39)

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China Currency A 'Convenient Scapegoat' For US, Says Research Fellow

Tao Wenzhao, a senior research fellow at the Center for U.S.-China Relations at Tsinghua University, said the senators who voted in favor of the China currency bill probably consider China a “convenient scapegoat.” (0:20)

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Sen. Graham: China 'Acting Like The Mob'

Sen. Graham (R-S.C.) accused China of cheating and “acting like the mob” during a press conference Tuesday aimed at urging the House to pass the Chinese currency bill. (0:27)

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Schumer: China Currency Bill Will Keep U.S. On Top For Decades

Sen. Charles Schumer (D-N.Y.) said he believes “in his bones” that the China currency bill will keep the U.S. number one for years to come during a press conference Wednesday. (0:37)

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GOP Senator Not Worried About Chinese Reaction To Currency Bill

Sen. Lindsey Graham (R-S.C.) told reporters Wednesday he’s not worried about the Chinese response to the currency manipulation bill that passed through the Senate Tuesday. (0:17)

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Sen. Brown: China Currency Bill Won't Cost Taxpayers

Sen. Sherrod Brown (D-Ohio) told reporters during a conference call that he does not see where opposition to the Currency Exchange Rate Oversight Bill could come from because it doesn’t cost tax payers any money. (0:15)

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China Currency Bill Most Important Jobs Bill, Says Ohio Senator

During a phone conference briefing Wednesday, Sen. Sherrod Brown (R-Ohio) said the Currency Exchange Rate Oversight Bill is the most important jobs bill Congress has considered this year. (0:45)

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Sen. Brown: China Is Cheating

Sen. Sherrod Brown (D-Ohio) explains why a Chinese currency bill is necessary, saying “instead of competing, countries like China are cheating.” (0:26)

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Sherrod Brown: China Has Turned Uncle Sam Into 'Uncle Sap'

Sen. Sherrod Brown (D-Ohio) reacted to talk that passing the Currency Exchange Rate Oversight Bill would lead to a trade war with China during a phone conference briefing Wednesday. Brown explains that this is America’s chance to push back against what he describes as unfair trade practices from the Chinese. (0:48)

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Sen. Casey: China Must Pay For Currency Manipulation

During a conference call Monday, Sen. Bob Casey (D-Pa.) explains that China has deliberately manipulated their currency, which has unfairly pushed them ahead economically and they need to face the consequences (1:00).

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Casey: China Would Be Wise To Play By The Rules

Sen. Bob Casey (D-Pa.) states that he is not concerned about the china currency bill leading to a trade war but says he is concerned about what will emerge if the US does nothing about China’s currency manipulation (00:30).

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China Currency Bill is Essentially A Jobs Creation Bill, Says Sen. Casey

Sen. Bob Casey (D-Pa.) explains that by manipulating its currency, China has stolen hundreds and hundreds of thousands of American jobs. Thus, by passing legislation that punishes them, more American jobs will be created. (0:32)

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