News Alert: Senate approves China currency bill

Tuesday, October 11, 2011 6:39:10 PM POLITICS NEWS ALERT Senate approves China currency bill The Senate on Tuesday approved a bill that would put greater U.S. pressure on China and other countries to allow their currency to appreciate, giving the green light to a measure that supporters say would level the playing field with China but that both the White House and House Republican leaders have warned could lead to a trade war. The chamber approved the measure on a 63-to-35 vote. The next step remains uncertain; House Republican leaders have declined to bring the measure up for a vote, arguing that the White House must first formally make its position known. Read more at: http://www.washingtonpost.com/blogs/2chambers/post/senate-approves-china-currency-bill/2011/10/11/gIQAhvaUdL_blog.html Or visit PostPolitics.com. SEND TO A FRIEND UNSUBSCRIBE E-MAIL CENTER GET HELP Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, D.C. 20071 ©2011 The Washington Post Privacy Policy