The Chinese Communist Party SDR Exchange Prohibition Act of 2025 prohibits the U.S. Treasury Secretary from exchanging Special Drawing Rights (a form of international currency reserve managed by the International Monetary Fund) that are held by the Chinese Communist Party. The bill also requires the Treasury Secretary to push other IMF member countries to impose similar restrictions and directs the U.S. representative at the IMF to vote against any future allocations of these reserves to China. The President can waive this prohibition if deemed in the national interest, but must notify Congress with a justification. The restrictions automatically expire after five years, or earlier if the President determines that ending them serves U.S. national interests and reports this decision to Congress.
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