Hoyer: GOP Must Put Currency Bill On The Floor

House Minority Whip Steny Hoyer (D-Md.) called on House Republicans to allow a vote on a bill aimed at cracking down on China’s devaluation of its Yuan.

The bill, which the Washington Post reported allows U.S. monetary agencies to lean on China and other nations to allow their currencies to appreciate, was passed by the Senate earlier this week.

During a press conference on Friday, Hoyer said the bill would help “American businesses…compete against anyone anywhere.”

The House is scheduled to be off next week, but Hoyer urged GOP leaders to immediately take up the bill when lawmakers return to Washington.