Congresswoman Foxx on China

Some in the US Senate including Senators from NC Hagan and Burr have called for legislation to get China to revalue its currency but the White House said this could violate international trade rules.  Many economists say China holds down the value of its yuan currency to give its exporters an edge in global markets.   In our conversation with Congresswoman Virginia Foxx yesterday, she said we need to strengthen the dollar before we try to fix the yuan.  Air:  In other words, Foxx said we need to clean our own financial house before cleaning out another’s house.  My complete interview with Congresswoman Foxx can be heard as a Focus on the Foothills podcast on our website:   www.hometownchristianradio.com