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Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced January 15, 2025 by W. Greg Steube · Last progress January 15, 2025
This bill aims to keep U.S.-connected money from supporting genocide or terrorism. It tells the U.S. representative at the International Monetary Fund to vote against giving Special Drawing Rights to any country the State Department identifies as committing genocide or as a state sponsor of terrorism, and to push the IMF to ban those allocations. Special Drawing Rights are international reserve assets the IMF creates to help countries boost their foreign exchange reserves.
It also works to make sure U.S. foreign aid does not reach the Taliban or other terrorist groups, or countries that shelter them. Treasury, State, and USAID must review aid that flows through non‑government and international groups and report the results to Congress within 90 days. Within 180 days, those agencies must require main grantees to prove all partner groups follow U.S. anti‑terror financing laws.
Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House