US SB2626

Secretary of Treasury must instruct the U.S. Executive Director at the Inter-American Development Bank to vote against projects involving PRC trust funds or those posing national security risks, and to oppose any increase in China's voting share relative to the U.S.

U.S. Executive Director must identify and report to Congress any IDB projects involving Chinese entities that violate U.S. sanctions or export controls.

Secretary of Treasury must advocate for IDB procurement policies favoring U.S. and allied country entities over Chinese entities, prioritizing value, transparency, and integrity over lowest cost.

DFC CEO must submit a report within 180 days analyzing collaboration between the U.S. International Development Finance Corporation and the IDB since their 2019 memorandum of understanding.

Secretary of Treasury must submit a comprehensive report within 180 days detailing Chinese influence at the IDB, including all PRC-funded projects since China joined in January 2009, with follow-up reports every 2 years for 8 years and notifications within 15 days of new PRC-related projects near U.S. military installations.