Mr. President,
Right now, Currency Manipulation is harming our nation's economy and our workers. Across America, hundreds of factories across the country were forced to close and millions of workers were laid off, due to countries such as Denmark and Taiwan manipulating their currencies. Their actions have caused us to fall behind in competitiveness and develop a trade deficit. Congress has been pushing for the U.S. to take a tougher line with currency manipulators, and now's the time. With just a stroke of your pen, you can ban currency manipulators from buying U.S. Treasury bills and other government assets, and in the process, create 4.7 million jobs over the next few years, reduce our trade and budget deficits, reduce unemployment rates, and grow our economy.



