El Salvador Accountability Act: Sanctions for Human Rights Violations and Corruption.
This law imposes strict financial and visa sanctions on key officials of the Government of El Salvador, including President Bukele, in response to credible reports of gross human rights violations and corruption. The sanctions block assets in the US, prohibit entry, and restrict access to US financial institutions. Furthermore, the US will halt most financial aid to the Salvadoran government and oppose international loans.
Key points
Assets freezing and travel bans imposed on top Salvadoran officials, including ministers and the central bank president, linked to human rights abuses or schemes against US residents' rights.
Suspension of US financial assistance to the Government of El Salvador and opposition to loans from international financial institutions (excluding humanitarian aid).
Mandate for a report assessing the use of cryptocurrencies (like Bitcoin) by the Salvadoran government for corruption and sanctions evasion.
Status:
Introduced
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