WARREN, MI – Sen. Carl Levin (D-MI) sounds a warning to Japanese officials considering intervening on a rising yen, saying Congress will act if the U.S. Treasury does not take steps to keep a consistently level playing field between the two countries. “There is something we can do federally,” Levin tells Ward’s. “It is a huge problem.” The specter of currency manipulation has been a contentious debate for a quarter century among the Detroit Three, their lobbyists and the Japanese ...
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