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Controlling International Financing and China's Developing Nation Status

This bill aims to change how the U.S. interacts with international financial institutions, especially concerning China. Citizens might indirectly feel the impact through shifts in trade and investment policies, potentially affecting the availability of certain goods or production costs.
Key points
Requires a report on China's influence within international financial institutions, including their funding and staffing.
Directs U.S. representatives to advocate for China not being considered a developing nation in international organizations.
Prohibits the use of federal funds provided to international financial institutions for purchasing goods or services from China.
article Official text account_balance Process page
Expired
Citizen Poll
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Additional Information
Print number: 117_HR_6729
Sponsor: Rep. Guest, Michael [R-MS-3]
Process start date: 2022-02-15
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Securing Transparent Operations to Prevent China’s Abuse of International Financing Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_6729.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-02-15.

What are the main provisions?

Key points include:

  • Requires a report on China's influence within international financial institutions, including their funding and staffing.
  • Directs U.S. representatives to advocate for China not being considered a developing nation in international organizations.
  • Prohibits the use of federal funds provided to international financial institutions for purchasing goods or services from China.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Guest, Michael [R-MS-3].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy Public Investments