Targeted News Service

Sen. Scott Introduces Chinese Communist Party SDR Exchange Prohibition Act

Bill Intros-Senate
Copyright © Targeted News Service, 2025

2025-10-31

Bailey Malota

WASHINGTON, Oct. 31 -- Sen. Rick Scott, R-FL, has introduced the Chinese Communist Party SDR Exchange Prohibition Act, aimed at preventing the Secretary of the Treasury from engaging in transactions involving Special Drawing Rights (SDRs) issued by the International Monetary Fund that are held by the Chinese Communist Party.

This legislation is positioned as a measure to safeguard U.S. financial interests and counter potential economic influence from China. The bill prohibits the ex . . .

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Sen. Scott Introduces Chinese Communist Party SDR Exchange Prohibition Act

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