To prohibit the Secretary of the Treasury from engaging in transactions involving the exchange of Special Drawing Rights issued by the International Monetary Fund that are held by the Chinese Communist Party.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
Bars the Treasury Secretary from exchanging IMF Special Drawing Rights held by the Chinese Communist Party and directs U.S. advocacy against such exchanges and future allocations.
Who Benefits and How
United States foreign-policy and national-security efforts could gain leverage by limiting CCP access to SDR liquidity and pressing other countries to do the same.
Who Bears the Burden and How
Treasury and U.S. IMF representatives would need to enforce and advocate the restriction, while CCP-related interests would lose access to those transactions.
Key Provisions
- Prohibits Treasury from engaging in transactions involving IMF Special Drawing Rights held by the Chinese Communist Party.
- Directs U.S. advocacy against other countries exchanging those SDRs and against future IMF allocations to the Chinese Communist Party, subject to a national-interest waiver and sunset.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.
At a Glance
What This Bill Does
Bars the Treasury Secretary from exchanging IMF Special Drawing Rights held by the Chinese Communist Party and directs U.S. advocacy against such exchanges and future allocations.
Key Policy Areas
Foreign Policy, Finance, Trade
Primary Purpose
Bars the Treasury Secretary from exchanging IMF Special Drawing Rights held by the Chinese Communist Party and directs U.S. advocacy against such exchanges and future allocations.
Policy Domains
Main Provisions
Identified Gains
Contextual inference, no direct clause citation- United States foreign-policy and national-security enforcement efforts
Contextual inference, no direct clause citation
Identified Costs
Contextual inference, no direct clause citation- CCP-held SDR interests and federal officials enforcing the exchange prohibition
Contextual inference, no direct clause citation
Sponsors
Legislative Progress
IntroducedMr. Scott of Florida introduced the following bill; which was …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Chinese Communist Party interests holding IMF Special Drawing Rights
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology