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

Policy Area and Potential Impact of Bill HR 4301

Primary Policy Focus

International Affairs

Alternate 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

Zachary Nunn
Zachary Nunn
IowaRepublican
Josh Gottheimer
Josh Gottheimer
New JerseyDemocrat

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