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Report on Chinese Leaders' Wealth: Transparency and National Security.

This act mandates the U.S. government to prepare and publicly release a detailed report on the wealth and financial interests of high-ranking Chinese Communist Party officials and their families. The goal is to increase transparency and support U.S. foreign policy and national security decisions. For citizens, this means the U.S. government is seeking a clearer understanding of global influences, which could indirectly affect international stability and economic policy.
Key points
Requires a public report on the wealth of Chinese leaders and their families, including real estate, luxury assets, and foreign accounts.
The report must include evidence, such as photos, and identify individuals and entities used to obscure wealth.
Aims to support U.S. foreign policy and national security by better understanding the finances of Chinese elites.
article Official text account_balance Process page
Introduced
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No votes cast
Additional Information
Print number: 119_S_2125
Sponsor: Sen. Scott, Rick [R-FL]
Process start date: 2025-06-18
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

PICTURES Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2125.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-06-18.

What are the main provisions?

Key points include:

  • Requires a public report on the wealth of Chinese leaders and their families, including real estate, luxury assets, and foreign accounts.
  • The report must include evidence, such as photos, and identify individuals and entities used to obscure wealth.
  • Aims to support U.S. foreign policy and national security by better understanding the finances of Chinese elites.
What is the specific legal status?

The current status is Introduced.

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 Sen. Scott, Rick [R-FL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Security Economy