SESSION VII:THE GEOPOLITICS OF PAYMENTS AND THE ROLE OF THE US DOLLAR IN A CHANGING WORLD - The dollar remains the global reserve currency and primary currency for trade. However, in the past few years, increasing use of financial sanctions have pushed several countries towards the adoption of alternative currencies and payment systems. This session will discuss how the dollar is used for trade and as a tool of US foreign policy and what opportunities or challenges this presents for the US government, foreign partners, and the financial and private sectors. Speakers will focus on how the geopolitical landscape informs or affects innovation and decisions in cross-border payments and how transatlantic partners can best position themselves for future changes in this space.

ORIGINAL AIRDATE: 09/26/24