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PEACE Act of 2025
7/31/2025, 12:30 PM
Summary of Bill HR 4301
The bill titled "To secure a peaceful resolution to the Russia-Ukraine conflict" (H.R. 4301) in the 119th Congress, introduced on July 7, 2025, aims to address the conflict by mandating the Secretary of the Treasury to restrict or prohibit certain foreign financial institutions from opening or maintaining correspondent or payable-through accounts in the United States. Further details, provisions, or specific directives are not provided in the context.
Current Status of Bill HR 4301
Bill HR 4301 is currently in the status of Bill Introduced since July 7, 2025. Bill HR 4301 was introduced during Congress 119 and was introduced to the House on July 7, 2025. Bill HR 4301's most recent activity was Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of July 7, 2025
Bipartisan Support of Bill HR 4301
Total Number of Sponsors
4Democrat Sponsors
0Republican Sponsors
4Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 4301
Primary Policy Focus
International AffairsAlternate Title(s) of Bill HR 4301
To secure a peaceful resolution to the Russia-Ukraine conflict by requiring the Secretary of the Treasury to prohibit, or impose strict conditions on, the opening or maintaining in the United States of a correspondent account or a payable-through account by certain foreign financial institutions, and for other purposes.
To secure a peaceful resolution to the Russia-Ukraine conflict by requiring the Secretary of the Treasury to prohibit, or impose strict conditions on, the opening or maintaining in the United States of a correspondent account or a payable-through account by certain foreign financial institutions, and for other purposes.
Comments
Sponsors and Cosponsors of HR 4301
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