HCon.Res. 17 · 117th Congress

Expressing the sense of Congress that the President should do everything in his power to achieve resolution and repayment of the defaulted sovereign debt of the People's Republic of China held by 20,000 families in the United States represented by American Bondholders Foundation, LLC.

# Plain Language Summary: H. CON. RES. 17 This resolution asks the President to push China to pay back old bonds that about 20,000 American families own. Here's the backstory: decades ago, China sold bonds (basically IOUs) to American investors, promising to pay them back with interest. China stopped paying on thes…

Sponsor

Green, Mark E. (R-TN)

Introduced

2021-02-18

Policy area

Foreign Trade and International Finance

Latest action

Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.