S. 3527 aims to stop the U.S. Secretary of the Treasury from engaging in any transactions that involve exchanging Special Drawing Rights (SDRs) issued by the International Monetary Fund which are held by Iran. The bill also requires the U.S. to advocate for other countries to...
Simple Explanation
The bill wants to stop the U.S. money boss from swapping a special kind of money, called Special Drawing Rights, with Iran. It also asks the U.S. to encourage other countries to do the same and to say "no" to giving more of this special money to Iran.