Levin Says Administration Proposal To Beef Up Currency Report Falls Short

House Ways & Means Committee Ranking Member Sander Levin (D-MI) late last week dismissed as insufficient overtures from the Obama administration that it could support legislation to create more specific criteria for determining whether a U.S. trading partner should be named a currency manipulator in the Treasury Department's twice-yearly report. He did so during an April 17 briefing with reporters, when asked whether the administration had floated with him a legislative proposal it is developing on this issue. “They've floated,”...