Chinese Communist Party SDR Exchange Prohibition Act of 2025
This bill prohibits the U.S. Treasury from exchanging Special Drawing Rights (SDRs) - IMF financial assets - held by the Chinese Communist Party (CCP). It requires the Treasury Secretary to advocate with other IMF member countries to ban such exchanges and directs the U.S. IMF representative to oppose any SDR allocations to the CCP. The President may temporarily waive these restrictions for national security reasons but must notify Congress, and the law automatically ends after five years or if the President certifies termination is in U.S. interest. The bill directly affects the CCP’s ability to access IMF resources and shapes U.S. diplomatic engagement at the International Monetary Fund.
Bill status
in committee
1 of 4 stages cleared
Introduction
Oct 2025
Committee Review
Floor Vote
President
Introduced Oct 23, 2025
Last action Oct 23, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Oct 23, 2025
Committee
Read twice and referred to the Committee on Foreign Relations.
upper
Oct 23, 2025
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Rick Scott
RRepublican
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