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House China committee chair urges Fed to review Hong Kong’s access to dollar lifeline

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.

House China committee chair urges Fed to review Hong Kong’s access to dollar lifeline

Published October 6, 2026 · Category: Finance

Overview

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.

Source

Originally published at www.cnbc.com.

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