Senate Democrats on Thursday blocked Sen. John Kennedy’s (R-La.) amendment to the National Defense Authorization Act to prohibit allocations of special drawing rights at the International Monetary Fund (IMF) from going to perpetrators of genocide and state sponsors of terrorism unless Congress authorizes the allocation.
“The Biden administration shouldn’t be able to force U.S. taxpayers to line the pockets of Xi Jinping and other American adversaries. President Biden already green-lit a deal that bankrolled China and Iran.
“Congress is responsible for stewarding taxpayer money, and this amendment would have stopped the Biden administration from making an end run around the Constitution on behalf of the world’s worst dictators. Oppressive, hostile regimes work to undermine America’s safety and success every day, but the White House and Senate Democrats shouldn’t be helping them,” said Kennedy.
President Biden previously agreed to a general allocation of special drawing rights at the IMF totaling $650 billion without consent from Congress. Large portions of that allocation flowed to dictators and countries that actively oppose American interests and violate human rights.