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REP. HILL INTRODUCES BILL TO FREEZE IRAN OUT OF FUTURE IMF FINANCING
December 27, 2023
WASHINGTON, Dec. 27 -- Rep. French Hill, R-Arkansas, issued the following news release:

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, inc . . .

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