Sponsors (13)
The bill increases U.S. pressure, transparency, and allied coordination to prevent IFI-funded projects from supporting forced labor—strengthening human-rights protections but risking diplomatic friction, higher costs for businesses and borrowers, and potential delays or loss of development financing.
Workers in Xinjiang and other vulnerable workers abroad: the bill pushes IFIs and U.S. representatives to block or discourage financing of projects and entities credibly linked to forced labor, reducing U.S.-supported complicity in human-rights abuses.
Taxpayers and the public: the bill requires project-specific vetting, mitigation explanations, and public (including unclassified) reporting that increases transparency and congressional oversight of IFI-funded projects with forced-labor risks.
Financial institutions and multilateral lenders: aligning lending with labor-rights standards and discouraging support for accused actors reduces reputational and financial risks for lenders and participating countries.
U.S. exporters, consumers, and diplomatic relations: findings and U.S. opposition to projects (especially tied to Xinjiang) could increase geopolitical tensions with China and complicate trade and diplomacy.
Small businesses, importers, and consumers: using these findings to justify sanctions, import restrictions, or stricter screening could raise compliance costs and disrupt supply chains.
People in developing countries, rural communities, and state governments: pressuring IFIs to withhold or oppose loans could reduce financing options and slow development projects or public services that benefit local populations.
Based on analysis of 4 sections of legislative text.
Directs Treasury to push U.S. IFI directors to oppose loans with significant forced-labor risk in Xinjiang and requires project-level forced-labor vetting and public reporting.
Official title: To require the Secretary of the Treasury to instruct the United States Executive Directors at the international financial institutions to advocate for opposition to projects that make use of forced labor.
Introduced February 11, 2026 by Suhas Subramanyam · Last progress February 11, 2026
Directs the Treasury Secretary to instruct U.S. Executive Directors at international financial institutions (IFIs) to use U.S. voice and vote to oppose loans and guarantees for projects that pose a significant risk of using forced labor in China’s Xinjiang Uyghur Autonomous Region (XUAR) or that are carried out by state-owned or heavily state-influenced entities tied to that region. It also requires IFIs to provide project-specific explanations of how they vet, mitigate, track, and reverse forced-labor risks, and mandates public reporting by Treasury on IFI projects and U.S. advocacy on this issue for five years.