No Dollars for Dictators Act of 2025

The "No Dollars for Dictators Act of 2025" proposes to amend the Special Drawing Rights Act, establishing new limitations on the United States' participation in financial allocations through the International Monetary Fund (IMF). Under this bill, the President or any U.S. agency would be prohibited from voting to allocate Special Drawing Rights (SDRs) to an IMF member country if that country's government has committed genocide within the last decade. Additionally, the prohibition applies if the country is designated by the Secretary of State as a state sponsor of terrorism , referencing existing U.S. legal definitions. This restriction is designed to prevent U.S. support for financial aid to regimes involved in severe human rights violations or international terrorism. However, the prohibition can be waived if Congress by law authorizes the allocation, ensuring legislative oversight over such decisions.