Maxine Waters (D-CA)
International Financial Institution Improvements Act of 2025
A Democratic bill with 1 Democratic cosponsor · See the cosponsor
Last activity — Referred to the House Committee on Financial Services.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
The International Financial Institution Improvements Act of 2025 aims to increase the transparency and accountability of global financial institutions. It directs the United States to promote human rights, environmental standards, and social protections within multilateral development banks and the International Monetary Fund. The bill includes provisions for debt relief, increased capital for various development funds, and enhanced collaboration with civil society. Additionally, it seeks to strengthen global food security and climate change responses. Finally, it establishes new requirements for reporting on corruption, human rights abuses, and project execution.
Yes· 3 of 21
- Scored +8
Does this make what the government does easier for the public to see?
The bill significantly increases transparency requirements for international financial projects and agreements.
- Scored +7
Would LGBTQ people be better off under this?
The bill provides specific protections against financial support for projects in countries with human rights abuses against LGBTQ+ persons.
- Scored +7
Does this expand the rights of LGBTQ people?
The bill mandates opposition to financial assistance for projects in countries engaging in human rights abuses against LGBTQ+ persons.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Transparency for Citizens: The bill requires international financial institutions to publicize project details in simple terms so citizens can understand who benefits from local activities (Sec. 101).
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Greater Civil Society Involvement: It mandates that institutions consult with civil society organizations, including those representing women, workers, and economic justice (Sec. 102).
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Debt Relief for Climate Disasters: The bill advocates for programs that allow low-income and small countries to suspend debt repayments following climate-related disasters (Sec. 301).
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Human Rights Protections: It directs the opposition of financial assistance for projects in countries engaging in human rights abuses, specifically mentioning protections for LGBTQ+ persons (Sec. 205).
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Support for Economic Development in Haiti: The bill directs the creation of a long-term economic development strategy and plan for Haiti (Sec. 207).
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Food Security and Stability: It encourages investments in projects that decrease global reliance on Russia for agricultural commodities like grain and fertilizer (Sec. 221).
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Prevention of Exploitation: It seeks to improve policies for preventing sexual exploitation and assault within multilateral development banks (Sec. 215).
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Protection of Stolen Assets: It advocates for efforts to deny safe havens for stolen assets and promote their return to legitimate owners (Sec. 211).
Potential Negative Impacts for People
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Restrictions on Private Sector Funding: The bill directs the opposition of additional funding for the International Development Association's Private Sector Window (Sec. 206).
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Potential Economic Impact of Loan Conditions: The bill seeks to reduce loan conditions that might include increasing taxes or reducing subsidies, which could impact various populations (Sec. 302).
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Financial Burdens via Surcharges: The bill requires an annual report to determine if IMF surcharges are harming a member country's ability to pay its loans (Sec. 308).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would LGBTQ people be better off under this? — The bill provides specific protections against financial support for projects in countries with human rights abuses against LGBTQ+ persons. Would households on low incomes be better off under this? — The bill supports debt relief and economic development for low-income nations. Would farmers be better off under this? — The bill promotes investment in agricultural commodities to increase global food security. Would women be better off under this? — The bill mandates consultation with organizations representing women's rights. Would union members be better off under this? — The bill mandates consultation with worker representatives in civil society.
- Social Issues And Justice
- Does this expand the rights of LGBTQ people? — The bill mandates opposition to financial assistance for projects in countries engaging in human rights abuses against LGBTQ+ persons. Is this likely to lift people out of poverty? — The bill advocates for debt relief and sustainability funds to aid low-income countries. Does this narrow the gap between how men and women are treated? — The bill encourages engagement with civil society organizations representing women's rights.
- Environment Energy And Infrastructure
- Does this improve help for people hit by a disaster? — The bill advocates for debt suspension for countries experiencing climate-related disasters. Does this better protect air, water and wildlife? — The bill directs the use of influence to uphold environmental standards in global projects. Does this cut the pollution that drives climate change? — The bill supports climate change response and resilience through the IMF.
- National Security And Foreign Policy
- Does this send more money or help to other countries? — The bill authorizes significant capital increases for the African Development Fund and other institutions. Does this favour talking over confrontation abroad? — The bill emphasizes civil society consultation and increased transparency in global engagement. Does this strengthen ties with allied countries? — The bill strengthens U.S. leadership and coordination within multilateral institutions.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The bill significantly increases transparency requirements for international financial projects and agreements. Does this protect people from being watched or searched? — The bill addresses digital infrastructure safeguards to protect privacy. Does this give the federal government more power? — The bill increases Congressional oversight of funds provided to international institutions.
- Economy And Finance
- Is this likely to grow the economy? — The bill supports economic development in Haiti and global agricultural resilience. Does this give people more protection from unfair business practices? — Increased transparency in loan agreements and project execution provides better protection for economic stakeholders.
- Education And Technology
- Does this give people more control over their personal data? — The bill considers digital public infrastructure safeguards to protect privacy.
- Healthcare
- Does this make health care easier to get in general? — The bill encourages evaluations of healthcare investments to improve universal health coverage.
- 5/6/2025
- Referred to the House Committee on Financial Services.
- 1 Cosponsor added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Joyce BeattyDemocrat · Ohio