Sponsors (3)
The bill strengthens U.S. ability to identify and spotlight senior CCP leaders' overseas wealth—improving intelligence, oversight, and targeting of illicit networks—while risking diplomatic retaliation, exposure of sensitive sources/methods, increased agency costs, and potential reputational or legal harms from public reporting.
Federal policymakers, intelligence analysts, and congressional overseers gain clearer, more credible information and justification about senior CCP leaders' wealth and influence, improving oversight, intelligence assessments, and the basis for sanctions or export-control actions.
U.S. citizens and taxpayers receive an unclassified ODNI report that increases public transparency and awareness of foreign-authority corruption risks and potential foreign influence.
Identifying foreign holdings, proxies, and financial links helps U.S. sanctions, financial enforcement, and investigative efforts target illicit networks tied to CCP leaders, improving economic and legal leverage.
U.S. naming, detailed reporting, or investigations of CCP leaders' assets could raise diplomatic tensions and provoke Chinese retaliatory measures that harm U.S. businesses, trade, and broader cooperation.
Expanded internal sharing and any public reporting carry a substantial risk of exposing sensitive intelligence sources, methods, or partner-supplied information, endangering operations and personnel.
Public reports or compilations based on incomplete or open-source information risk inaccuracies that can cause reputational harm, legal exposure, or erroneous labeling of individuals or entities.
Based on analysis of 5 sections of legislative text.
Requires the Director of National Intelligence (DNI) to prepare and publish an unclassified report, and provide a classified annex to Congress if needed, assessing the personal wealth, financial holdings, and business interests of senior Chinese Communist Party (CCP) leaders and certain immediate family members. The DNI must submit the report to congressional intelligence committees within 180 days of enactment and again within 180 days after the appointment of a new CCP Central Committee; the public version must omit classified sources and methods but may include photographic and documentary evidence where available.
Introduced June 18, 2025 by Richard Lynn Scott · Last progress June 18, 2025