Bills/S. 2048

PRC Military and Human Rights Capital Markets Sanctions Act of 2025

PRC Military and Human Rights Capital Markets Sanctions Act of 2025

In CommitteeEconomySenateSenate Bill · 119th Congress
Bill Progress · Senate
Introduced
Committee
Passed House
Passed Senate
Passed Both
Signed

Plain Language Summary

# PRC Military and Human Rights Capital Markets Sanctions Act of 2025 This bill would impose financial sanctions against China (the People's Republic of China, or PRC) by restricting American investment in Chinese companies connected to military activities or human rights concerns. Specifically, it would prohibit U.S. investors and financial institutions from buying securities (stocks and bonds) issued by Chinese military companies and companies involved in human rights violations. The bill aims to use economic pressure to influence Chinese government behavior in these areas. The bill would primarily affect American investors, financial firms, and asset managers who currently hold or trade Chinese securities.

It would also impact Chinese companies in the military and defense sectors, as well as companies accused of human rights abuses. U.S. government agencies would likely need to maintain lists of sanctioned entities for enforcement purposes. **Current Status:** The bill is currently in committee (S 2048, introduced in the 119th Congress), meaning it has been assigned to a Senate committee for review and debate but has not yet moved forward for a full Senate vote. No further action has been taken at this time.

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Latest Action

June 12, 2025

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

Sponsor

R
Ricketts, Pete [R-NE]
R-NE · Senate

Key Dates

Introduced
June 12, 2025
Last Updated
June 12, 2025
Read Full Text on Congress.gov →
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