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Read twice and referred to the Committee on Foreign Relations.
Prohibits the Secretary of the Treasury from exchanging International Monetary Fund (IMF) Special Drawing Rights (SDRs) that are held by the Chinese Communist Party, requires U.S. representation at the IMF to oppose SDR allocations to the CCP, and directs the Secretary to press other IMF members to bar such exchanges. The President may waive the restriction for national security reasons if Congress is notified, and the policy automatically ends five years after enactment unless the President reports it should end sooner for national-interest reasons.
Introduced October 23, 2025 by Richard Lynn Scott · Last progress 4 months ago