I'll give you the short version of this bill.
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Directs the Secretary of the Treasury to use U.S. influence at multilateral development banks and similar international financial institutions to oppose and rescind rules that restrict financing for coal, oil, natural gas, and civil nuclear energy projects. It instructs the Treasury to work across agencies to promote international financing of energy projects, with withholding of certain World Bank (IBRD) funds until the Secretary certifies that specified restrictions have been reversed, and requires an initial report to Congress within 180 days and annual reports thereafter.
Read twice and referred to the Committee on Foreign Relations. (text: CR S2953-2954)
Introduced May 15, 2025 by John A. Barrasso · Last progress May 15, 2025