Sponsors (4)
Requires DNI to publish an unclassified report (and permitted classified annex) on CCP leaders’ and immediate family members’ wealth and proxies within 180 days and after each new Central Committee.
Official title: Require a report on the wealth of the leadership of the Chinese Communist Party, and for other purposes.
Introduced June 18, 2025 by Richard Lynn Scott · Last progress June 18, 2025
The bill strengthens U.S. ability to identify and publicize CCP leaders' foreign assets—improving sanctions, intelligence accuracy, and law‑enforcement leads—but does so at the risk of diplomatic escalation and retaliation, potential exposure of intelligence sources and partner cooperation, civil‑liberties concerns, and added burdens on agencies and contractors.
Federal policymakers, intelligence analysts, and taxpayers gain clearer, consolidated intelligence on senior CCP officials' overseas assets, improving the accuracy of assessments and enabling more targeted sanctions, export controls, and policy responses.
Financial institutions, law enforcement, and regulators receive public reporting on asset networks (proxies, associates), providing actionable leads to detect, investigate, and disrupt illicit finance linked to CCP elites.
All Americans (taxpayers) gain greater transparency about foreign corruption risks because ODNI will publish unclassified findings on CCP leaders' wealth and foreign holdings, supporting public oversight and informed debate.
Businesses, tech workers, and taxpayers could face diplomatic escalation and PRC retaliation—such as trade or technology restrictions and consular complications—if foreign-held asset disclosures or public framing provoke Beijing, harming U.S. economic and technological interests.
Federal employees, intelligence partners, and taxpayers risk exposure of intelligence sources, methods, and partner cooperation because broader internal sharing and public reporting increase opportunities for unauthorized disclosure and operational compromise.
Immigrants, dual nationals, and people with legitimate foreign ties could face increased privacy and civil‑liberties risks as investigative and intelligence access to financial and partner-provided data expands, raising the chance of mistaken targeting or intrusive scrutiny.
Based on analysis of 5 sections of legislative text.
Requires the Director of National Intelligence (DNI) to prepare and publish an unclassified report—with a permitted classified annex—detailing the personal wealth, overseas holdings, and financial proxies of senior Chinese Communist Party (CCP) leaders and their immediate family members. The DNI must deliver the first report within 180 days of enactment and again within 180 days after each new CCP Central Committee is appointed, posting the unclassified version publicly and submitting it to the congressional intelligence committees. The bill also states congressional findings about opaque CCP financial practices and urges full sharing of relevant nonpublic information across the U.S. intelligence community to support the assessments, while directing the DNI to evaluate each intelligence component’s cooperation in producing the report.