French Hill tweeted the following:
"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..."Read on Twitter
Here are other recent tweets from French Hill:
"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."Read on Twitter
"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."Read on Twitter
"It would also require the Secretary to work with other IMF member countries to prevent them from doing the same."Read on Twitter
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