In coming weeks, Congress will be debating the role and policies of the International Monetary Fund and how or whether the United States should support this international institution and its efforts to bring stability to Asian and global financial markets.

Today, the House Banking Committee will vote on the administration's request for $3.5 billion for the new arrangements to borrow and $14.5 billion for an IMF quota increase, or capital replenishment.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.