Political Quotes

On the recordMay 26, 2021
I rise at this moment to oppose the amendment that is going to be offered by my colleague and friend from Louisiana Senator Kennedy. This amendment would endanger the lives of thousands, if not millions, of innocent people and prolong this terrible coronavirus pandemic. I am sure that is the not the intention of the Senator from Louisiana, but that is what his effort would do. His amendment would gut a critical tool to help stop the spread of the pandemic globally, as well as stem the economic fallout that would hurt us here in America. The International Monetary Fund has a fund with the ability to release money in what are called Special Drawing Rights, foreign exchange reserve assets that it maintains. This can be exchanged by member nations for hard currency in times of crisis. This is exactly what was done in 2009 amid the global economic crisis and what is being considered now amid the pandemic and related economic downturn. The amendment, which I am going to offer, has the support of American business, labor, and global health, and poverty groups--for good reason. The Special Drawing Rights are a no cost way for Americans to help poor nations buy the vaccines they need to save lives and to stop the spread of this coronavirus. And it would also help aid in economic recovery. Isn't that exactly what we should be doing at this moment? This pandemic doesn't know any boundaries. This virus doesn't pick and choose good nations and bad nations.…
Said by
Dick Durbin
Democratic · Illinois
Source
govinfo.gov
May 26, 2021

Share

More from Dick Durbin

Aug 17, 2026

Nominations hearings, like this one today, are an essential part of the Senate’s role in providing advice and consent on presidential nominees. This constitutional duty is a critical check on the Executive Branch. And it has never been…

durbin.senate.gov
Aug 15, 2026

Investing in our airports is laying the foundation for increased connectivity and reliability.

duckworth.senate.gov
Aug 21, 2026

In the coming weeks, we remain committed to supporting our union members during this transition and working with Tyson to ensure that they have access to resources that support their return to work.

durbin.senate.gov
Aug 26, 2026

I want to recognize the incredible partnership that made this possible: Stone Community Development Corporation, Lurie Children’s, Thresholds, and Chicago Neighborhood Initiatives.

durbin.senate.gov

Other voices in this conversation