China currency bill passes U.S. Senate | Reuters

• October 11, 2011

This may be the most important piece of legislation to enhance our ability to economically compete with China ever. And it’s not getting enough play in the news. Heres what it will do if passed…

The Currency Exchange Rate Oversight Reform Act of 2011 allows the U.S. government to slap countervailing duties on products from countries found to be subsidizing their exports by undervaluing their currencies.