French Hill tweeted the following:
"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
Here are other recent tweets from French Hill:
"It would also require the Secretary to work with other IMF member countries to prevent them from doing the same."Read on Twitter
"NOW: Speaking on the House Floor about my bill, H.R. 6899, Russia and Belarus SDR Exchange Prohibition Act of 2022. Watch Livec-span.org/video/?520082-"Read on Twitter
"H.R. 6899 would prohibit the U.S. from exchanging any Special Drawing Rights, or SDRs, with Russia or Belarus. These SDRs are reserve assets issued by the International Monetary Fund."Read on Twitter
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