RELEASE: REP. HILL INTRODUCES BILL TO FREEZE IRAN OUT OF FUTURE IMF FINANCING
WASHINGTON, D.C. – Rep. French Hill (R-AR) and Rep. Brad Sherman (D-CA) introduced the Iran SDR Exchange Prohibition Act, which prohibits any new allocation of Special Drawing Rights (SDRs) going to Iran. Senator Rick Scott (R-FL) and Senator Joe Manchin (D-WV) introduced companion legislation in the Senate. “SDR allocations are a giveaway to rogue nations around the world,…
