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S 4617·Federal·senate

Exchange Stabilization Fund Transparency Act

In CommitteeFiled May 21, 2026
Sponsor: Sen. Shaheen, Jeanne [D-NH] (D)
Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

May 21, 2026

Summary

The bill forces the Treasury Secretary to give Congress at least a day's notice before committing ESF resources to foreign governments or entities, and to provide detailed information about the assistance. It also requires follow‑up updates, a briefing, and a report on past uses of the fund. The aim is to increase transparency and congressional oversight of U.S. financial interventions abroad.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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