China Exchange Rate Accountability Act of 2026

This bill would require the U.S. Treasury Secretary to evaluate whether major international trade partners are maintaining fair exchange rate policies before the U.S. votes to increase their quotas at the International Monetary Fund. The legislation mandates a seven-day waiting period where the Treasury must submit a report assessing whether these countries have violated trade obligations, maintained transparent exchange rate practices, and avoided manipulating currency values for unfair competitive advantage. If the Treasury determines a country fails to meet these standards, the U.S. would be instructed to vote against increasing that country's IMF quota, though the President retains the authority to override this decision if deemed important for national interests. The provision would automatically expire seven years after the bill is enacted.