US Congress moves on IMF reforms

http://www.dw.com/en/us-congress-moves-on-imf-reforms/a-18921709

Wednesday morning in Washington, Republican and Democratic Party members of the US Congress announced agreement on an omnibus spending bill that included a provision to legally enact reforms to the International Monetary Fund (IMF) agreed by the Obama Administration in 2010, according to a report by AFP.
"We take note of the inclusion in the bill of language that would authorize the IMF's 2010 Quota and Governance Reforms by the US Congress. We look forward to the outcome of the legislative process," IMF spokesman Gerry Rice said in a statement.
The reforms, which could not take effect until they'd been ratified by Congress, will increase the share of IMF voting rights assigned to some of the world's most powerful economies, including China. However, the USA, Europe and Japan will continue to dominate the Fund.

Here is the omnibus spending bill.

http://docs.house.gov/billsthisweek/20151214/CPRT-114-HPRT-RU00-SAHR2029-AMNT1final.pdf


“US Congress advances long-delayed IMF reforms” (2 hours ago from 1:04pm EST)

https://au.news.yahoo.com/thewest/a/30385116/us-congress-advances-long-delayed-imf-reforms/