S. 2587 · 117th Congress
A bill to oppose the provision of assistance to the People's Republic of China by the multilateral development banks.
- Stage
- In committee
- Sponsor
- John Barrasso
- Introduced
- 2021-08-03
- Latest action
- 2021-08-03 · Introduced in Senate
Summary
This bill requires the Department of the Treasury to instruct the U.S. executive directors at certain multilateral development banks, such as the Asian Development Bank, to oppose providing a loan, financial assistance, or technical assistance to China. The executive directors must also advocate and vote to end lending and assistance to a country that has exceeded certain income thresholds.