,,ii #aaith ,,congress #ast ,session ,s4 #cjcf ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,october #bc1 #bjbe ,mr4 ,scott of ,florida introduced the following bill2 which was read twice and referred to the ,committee on ,foreign ,relations ,a ,,bill ,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 ,party4 #a4 ,short title ,this ,act may be cited as the ,chinese ,communist ,party ,,sdr ,exchange ,prohibition ,act of #bjbe4 #b4 ,prohibition on exchange of ,special ,drawing ,rights held by ,chinese ,communist ,party 7a7 ,in general ,the ,secretary of the ,treasury may not engage in any transaction involving the exchange of ,special ,drawing ,rights issued by the ,international ,monetary ,fund and held by the ,chinese ,communist ,party4 7b7 ,advocacy ,the ,secretary shall-- 7#a7 vigorously advocate that the government of each member country of the ,international ,monetary ,fund1 to the extent that the member country issues a freely usable currency1 prohibit transactions involving the exchange of ,special ,drawing ,rights held by the ,chinese ,communist ,party2 and 7#b7 direct the ,united ,states ,executive ,director of the ,international ,monetary ,fund to use the voice and vote of the ,united ,states to oppose any allocation of ,special ,drawing ,rights to the ,chinese ,communist ,party4 7c7 ,waiver ,the ,president may waive the application of this section if the ,president-- 7#a7 determines that a waiver is in the national interest of the ,united ,states2 and 7#b7 submits to ,congress a notice of and justification for such waiver4 7d7 ,termination ,this section shall terminate on the earlier of-- 7#a7 the date that is #e years after the date of the enactment of this ,act2 and 7#b7 the date on which the ,president determines and reports to ,congress that termination of this section is in the national interest of the ,united ,states4