David McCormick (R-PA)

Strengthening United States Leadership at the IDB Act

S. 2626 · Senate bill International Affairs

A Republican bill with 1 Democratic cosponsor · See the cosponsor

Last activity — Placed on Senate Legislative Calendar under General Orders. Calendar No. 240.

Cleared committee, waiting for its first floor vote

A committee approved it and it is on the calendar of the chamber it started in.

This is further than most bills get, and still no promise of a vote: the calendar is a queue, and the majority leadership decides what is called. A bill can sit here until the Congress ends.

Its path through Congress

  1. Introduced
  2. On Calendar

What this bill would do

This bill, known as the "Strengthening United States Leadership at the IDB Act," aims to increase U.S. influence within the Inter-American Development Bank (IDB). It directs the Secretary of the Treasury to instruct the U.S. Executive Director to reduce the influence of the People's Republic of China (PRC) and its entities in IDB operations. The legislation mandates voting against projects or share transfers that pose risks to U.S. national and economic security. Additionally, it encourages the IDB to prioritize procurement from the United States and its allies. The bill also promotes collaboration between the IDB and the U ability of the U.S. International Development Finance Corporation. Finally, it requires comprehensive reporting on the scope of PRC influence and its impact on IDB projects.

Yes· 3 of 4

  • Scored +5

    Does this strengthen ties with allied countries?

    The bill promotes increased procurement from U.S. allies and partners through the IDB.

  • Scored +4

    Does this make what the government does easier for the public to see?

    The bill mandates extensive reporting on the scope and scale of the PRC's influence within the IDB.

  • Scored +3

    Would business owners be better off under this?

    The bill advocates for increased procurement capacity for U.S. and allied entities.

The opposite

No question was scored the opposite.