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Introduced on March 11, 2025 by Troy E. Nehls
This bill stops U.S. federal money from helping international banks fund shrimp farms, shrimp processing, or shrimp exports in other countries. The Treasury Department must make sure any U.S. funds given to these banks can’t be used for those shrimp activities abroad.
It also adds oversight. The Government Accountability Office must check within 180 days of enactment, and then every year, whether U.S. leaders at these international banks are following policies to oppose financing exports of goods that are oversupplied worldwide and could seriously harm U.S. producers.