HR 2325
CEMAC Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 6:43 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, titled the Central African Exploitation and Manipulation of American Companies Act (CEMAC Act), seeks to prevent the International Monetary Fund (IMF) from providing support to Central African Economic Monetary Community (CEMAC) member states until the IMF clarifies whether funds held by extractive industry companies for site rehabilitation (restoration funds) can be counted as foreign exchange reserves. The bill argues that CEMAC’s regulations are unduly burdensome on investment and potentially misleading the IMF, and it aims to protect U.S. investments in the region. It proposes withholding U.S. support for IMF actions related to CEMAC member states until the IMF confirms these funds are ineligible for reserve calculations.
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