So the G-20 couldn't deal with the Chinese currency issue. Does that mean Congress will take some action? From The Hill:
Sen. Lindsey Graham (R-S.C.) predicted Sunday that Congress would pick up Chinese currency manipulation after President Obama was rebuffed on the issue at the G-20 summit.
The leaders of the world's top 20 economies refused to get behind a U.S. effort in Seoul this weekend to condemn "competitive devaluation" of currencies.
"The currency issue was disappointing to me," Graham said on ABC's "This Week."
"Clearly, China does manipulate the value of the yuan to get an advantage in exports. They already have enough advantages. I was disappointed with the other nations who would not get behind President Obama to push the Chinese to change their currency policy."
He called the meetings "dispappointing" on the front of a lack of a trade agreement with South Korea and no movement in the currency fight with China.
"And I think you're going to see the Congress get more involved on the currency front after this trip," Graham said.
