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Ensuring Chinese Debt Transparency Act of 2020

2/8/2022, 11:14 PM

Congressional Summary of HR 5932

Ensuring Chinese Debt Transparency Act of 2020

This bill states that it is U.S. policy to push for greater transparency with respect to financing provided by China to another country through international financial institutions such as the International Monetary Fund. The National Advisory Council on International Monetary and Financial Policies within the Department of the Treasury shall report annually on progress made toward advancing this policy.

Current Status of Bill HR 5932

Bill HR 5932 is currently in the status of Bill Introduced since February 21, 2020. Bill HR 5932 was introduced during Congress 116 and was introduced to the House on February 21, 2020.  Bill HR 5932's most recent activity was Received in the Senate and Read twice and referred to the Committee on Foreign Relations. as of March 3, 2020

Bipartisan Support of Bill HR 5932

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
1
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5932

Primary Policy Focus

International Affairs

Potential Impact Areas

- Advisory bodies
- Asia
- China
- Congressional oversight
- Foreign and international banking
- Foreign loans and debt
- Government ethics and transparency, public corruption
- International monetary system and foreign exchange
- International organizations and cooperation
- Multilateral development programs
- U.S. and foreign investments

Alternate Title(s) of Bill HR 5932

Ensuring Chinese Debt Transparency Act of 2020
Ensuring Chinese Debt Transparency Act of 2020
To ensure greater transparency regarding the terms and conditions of financing provided by the People’s Republic of China to member states of the international financial institutions.
Ensuring Chinese Debt Transparency Act of 2020
To ensure greater transparency regarding the terms and conditions of financing provided by the People's Republic of China to member states of the international financial institutions
To ensure greater transparency about the terms and conditions of financing provided by China to member states of the international financial institutions.
Ensuring Chinese Debt Transparency Act of 2020

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