Protecting Taxpayers from Risky Investments in Venezuela Act

# Protecting Taxpayers from Risky Investments in Venezuela Act (S 3621) **What the Bill Would Do** This bill aims to restrict U.S. government investments and financial commitments in Venezuela. If passed, it would prevent federal agencies and government-backed investment programs from putting taxpayer money into Venezuelan ventures, citing concerns about political instability, governance issues, and financial risk in the country. **Who It Affects and Key Provisions** The bill primarily affects U.S.

government agencies that manage investment funds and development programs, as well as any American investors or businesses that might have received government support for Venezuelan projects. The measure would establish guardrails around how federal money is deployed in that country, with the goal of protecting taxpayers from losses due to Venezuela's unstable economic and political situation. **Current Status** The bill was introduced by Senator Jeff Merkley (D-OR) and is currently in committee, meaning it has not yet been debated or voted on by the full Senate. No timeline for further action has been announced.