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North Little Rock Times

Sunday, September 22, 2024

Arkansas U.S. Rep French Hill: "Over many months, I urged the Treasury Secretary not to pursue this policy choice...My warnings came..."

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French Hill tweeted the following:

"Over many months, I urged the Treasury Secretary not to pursue this policy choice...My warnings came long before the invasion of Ukraine even began, yet the Biden Administration didnt heed these warnings."
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Here are other recent tweets from French Hill:

"More than $17 billion of that was gifted to Putin just last year through the Administrations approval of a general SDR allocation of $650 billion at the IMF. Nearly a billion dollars in SDRs was given to Belarus as well..."
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"The world is watching, and we must send a message that the United States will not stand idly by and allow SDRs to be used to finance the destruction of Ukraine."
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"We should be especially concerned by Russias ability to exchange its SDRs for Renminbi, especially as Moscow is increasingly forced to turn to China in response to our sanctions."
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