HR 5888
To increase effectiveness in the pursuit of United States interests and multilateral cooperation at the international financial institutions, and for other purposes.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill allows the Treasury Secretary to temporarily waive certain rules that dictate how the United States uses its voting power at international financial institutions like the World Bank and IMF. The Secretary must provide a detailed report explaining the reasons for each waiver and how it supports U.S. interests and global cooperation. Additionally, the bill requires the Secretary to periodically review existing rules and suggest changes to improve U.S. leadership and effectiveness at these institutions.
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Primary sponsor
Cosponsors
Denver Riggleman
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