Today, Congressman Blaine Luetkemeyer spoke in favor of three bills supporting Taiwan’s admission to the International Monetary Fund (IMF), forcing the Chinese Communist Party (CCP) to be transparent about its exchange rate manipulation, and protecting Taiwan against CCP aggression, respectively.

Rep. Luetkemeyer: “Before us today are a number of bills that originated from in the National Security, Illicit Finance, and International Financial Institutions Subcommittee, which I chair. I would like to commend the sponsors for their diligent commitment to crafting meaningful policy.

Congressman Meuser’s China Exchange Rate Transparency Act of 2023 will provide much needed transparency to China’s use of tools to impact the exchange rate, and their actions to threaten the core mission of the IMF.

Ensuring the China plays by the same rules of road as everyone else has been and will continue to be a focus of my National Security Subcommittee.

H.R. 803, the PROTECT Taiwan Act has been a project dutifully undertaken by Congressman Lucas for many years.

This legislation will send an unwavering message that if the Xi Jinping regime is seeking to provoke a war in Taiwan, China will face its new reality, exclusion from the international community.

Thank you, Congressman Lucas, for this strong bipartisan solution to China’s aggression.

Finally, H.R. 540, the Taiwan Non-Discrimination Act of 2023, offered by my Vice Chair Congresswoman Kim.

Vice Chair Kim’s bill will ensure that Taiwan’s voice is properly heard at the IMF.

Ultimately, the decision to apply for membership into the IMF, and subsequently the World Bank and other International Financial Institutions belongs to Taiwan. However, if they so choose to apply, the United States should be unequivocally supportive.

I thank the gentlelady for unwavering support to defending Taiwan, and ensuring that the International Financial Institutions, which my subcommittee oversees, prioritizes Taiwan policy at the IMF.”

Watch the full remarks HERE.