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US Representative Urges Fed to Review Hong Kong’s Access to Dollar Lifeline

Updated 2026-10-06 08:40 UTC 1 source Neutral

Rep. John Moolenaar is advocating for the Federal Reserve to reconsider Hong Kong's access to a dollar-liquidity facility as China promotes its renminbi globally.

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CNBC
Rep. John Moolenaar wants the Fed to rethink Hong Kong’s access to a dollar-liquidity facility as China promotes the renminbi as a global currency.
2026-10-06 07:00 UTC
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