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A bill to require the designation in the National Security Council of a coordinator for combating foreign kleptocracy and corruption, and for other purposes.

7/31/2024, 10:56 AM

Summary of Bill S 4688

Bill 118 s 4688, also known as the "Combating Foreign Kleptocracy and Corruption Act," aims to address the issue of foreign kleptocracy and corruption by requiring the designation of a coordinator within the National Security Council. This coordinator would be responsible for developing and implementing strategies to combat these issues on a global scale.

The bill recognizes that foreign kleptocracy and corruption pose a significant threat to national security and the integrity of democratic institutions. By designating a coordinator specifically focused on combating these issues, the government can better coordinate efforts across agencies and work with international partners to address this growing problem.

In addition to the designation of a coordinator, the bill also includes provisions for increased transparency and accountability in government actions related to combating foreign kleptocracy and corruption. This includes requirements for reporting on efforts to combat these issues and ensuring that resources are allocated effectively. Overall, the Combating Foreign Kleptocracy and Corruption Act seeks to strengthen the government's ability to address the threats posed by foreign kleptocracy and corruption and protect the interests of the United States and its allies.

Current Status of Bill S 4688

Bill S 4688 is currently in the status of Bill Introduced since July 11, 2024. Bill S 4688 was introduced during Congress 118 and was introduced to the Senate on July 11, 2024.  Bill S 4688's most recent activity was Read twice and referred to the Committee on Homeland Security and Governmental Affairs. as of July 11, 2024

Bipartisan Support of Bill S 4688

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
2
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4688

Primary Policy Focus

Alternate Title(s) of Bill S 4688

A bill to require the designation in the National Security Council of a coordinator for combating foreign kleptocracy and corruption, and for other purposes.
A bill to require the designation in the National Security Council of a coordinator for combating foreign kleptocracy and corruption, and for other purposes.

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