US would work to reduce China's sway in Latin American development projects.
This bill would direct the US to actively reduce China's influence at the Inter-American Development Bank (IDB), which funds projects in Latin America and the Caribbean. It would require the US to review IDB projects for risks to national security and push for more contracts to go to US and partner country businesses. The bill also calls for detailed reports to Congress on China's activities at the IDB.
Today, the United States participates in the Inter-American Development Bank (IDB) alongside China. If this bill becomes law, the US would actively work to reduce China's influence at the IDB. This means the US would review projects for security risks, vote against certain Chinese-backed projects or increased Chinese voting power, and push for more contracts to go to US and partner businesses. The US government would also regularly report to Congress and the public on China's activities at the IDB.
S 2626 · 119th Congress · AI Summary by gemini-2.5-flash · 10/10
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2 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.