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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.

Elena Marsh · October 6, 2026 · 1 min read

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: CNBC — Top News.

Written by Elena Marsh
Markets Editor · Published October 6, 2026
Writes about broker regulation, market structure, and how to evaluate trading platforms for GlobalFXHub.