To require the Secretary of the Treasury to instruct the United States Executive Directors at the international financial institutions to advocate for opposition to projects that make use of forced labor.

Sponsor: Suhas Subramanyam (Democratic-VA)February 11, 2026

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Introduced

In Committee

Passed One Chamber

Passed Both Chambers

Signed into Law

Referred to the House Committee on Financial Services.

Requires US officials to oppose international loans for projects using forced labor.

This bill would require the U.S. Treasury Secretary to tell American representatives at global financial groups to vote against projects that use forced labor. This includes projects in China's Xinjiang region. It aims to reduce funding for businesses that rely on forced labor.

What Would Change

Today, there is no specific law requiring the U.S. Treasury Secretary to tell American representatives at global financial groups to oppose projects that use forced labor. If this bill becomes law, the Secretary would have to instruct these representatives to vote against such projects, particularly those in China's Xinjiang region. They would also need to demand explanations from these groups about how they check for forced labor risks.

Key Provisions

Requires US officials at global financial groups to oppose loans for projects that would likely use forced labor.
Blocks loans for projects run by government-owned or heavily government-influenced businesses in China's Xinjiang Uyghur Autonomous Region.
Demands global financial groups explain how they check projects for forced labor risks and what steps they take to fix those risks.
Requires the Treasury Secretary to publicly report each year for six years on how these efforts are being carried out.

View on Congress.gov

HR 7516 · 119th Congress · February 11, 2026 · AI Summary by gemini-2.5-flash · 10/10

To require the Secretary of the Treasury to instruct the United States Executive Directors at the international financial institutions to advocate for opposition to projects that make use of forced labor.

What Would Change

Key Provisions

Lobbying Activity