A bill to oppose the provision of assistance to the People's Republic of China by the multilateral development banks.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 3, 2021
Read twice and referred to the Committee on Foreign Relations.
Aug 3, 2021
Introduced in Senate
Ask about this bill
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Plain-English summary
This bill requires the Department of the Treasury to instruct the U.S. executive directors at certain multilateral development banks, such as the Asian Development Bank, to oppose providing a loan, financial assistance, or technical assistance to China. The executive directors must also advocate and vote to end lending and assistance to a country that has exceeded certain income thresholds.
What's happening now
Read twice and referred to the Committee on Foreign Relations.
Related & companion bills
2
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Lobbying activity
2
Cite this page
U.S. Congress. (2026). S. 2587: A bill to oppose the provision of assistance to the People's Republic of China by the multilateral development banks.. 117th Congress. Open America. https://openamerica.io/bill/117-S-2587/
"S. 2587: A bill to oppose the provision of assistance to the People's Republic of China by the multilateral development banks.." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-2587/.
S. 2587, 117th Cong. (2026), https://openamerica.io/bill/117-S-2587/.
[S. 2587: A bill to oppose the provision of assistance to the People's Republic of China by the multilateral development banks.](https://openamerica.io/bill/117-S-2587/)