# 119-hr-3224: International Financial Institution Improvements Act of 2025 119-hr-3224, International Financial Institution Improvements Act of 2025, is a 119th Congress bill sponsored by Rep. Waters, Maxine [D-CA-43] (D-CA); status introduced; PRIA reads it as touching household money (as of 2026-04-21). - Canonical: https://policyrisk.com/legislation/119-hr-3224 - As of: 2026-04-21 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: 119-hr-3224 - Congress: 119 - Title: International Financial Institution Improvements Act of 2025 - Status: introduced - Introduced: 2025-05-06 - Sponsor: Rep. Waters, Maxine [D-CA-43] (D-CA) - Cosponsors: 1 - Policy area: International Affairs - Touches household money: yes - Last recorded action: 2026-04-21 ## Summary **This bill would reorient U.S. engagement with international financial institutions around transparency and accountability.** It would push the IMF and multilateral development banks to adopt stronger governance, public reporting, civil‑society consultation, and to expand capital and quota actions. - Host-country citizens and civil society: Would require U.S. executive directors to press IFIs to publish accessible project descriptions, pricing, and financial obligations, hold semiannual consultations with civil‑society actors including women’s rights groups and care workers, and expand monitoring and complaint rights. - Borrowing countries and debt relief: Would direct Treasury to seek IMF reforms including a 41.5 billion SDR quota increase and changes to debt‑sustainability rules that add Sustainable Development Goal investments to fiscal projections, require tougher stress tests, and set 5‑year debt‑relief windows or GDP recovery targets. - U.S. finance, MDB operations, and accountability: Would authorize capital and share increases and require $7.8 billion for African Development Bank callable capital plus other replenishment funding, totaling about $8.8 billion in U.S. appropriations, while pressing for stronger anti‑corruption, human‑rights, and independent accountability measures. *If enacted, it would increase federal commitments by about $8.8 billion in authorized appropriations.* ## Cosponsors (1) - Rep. Beatty, Joyce [D-OH-3] (D-OH), 2025-05-06T00:00:00.000Z ## Provisions PRIA read - More openness at development banks: benefit, medium. If enacted, Treasury would press development banks to publish loan contracts, disclose detailed data on private deals and PPPs, use open competition, and explain how they calculate climate impacts. Banks would be urged to adopt anti‑reprisal rules and strengthen independent complaint systems, inclu… - Tougher safeguards for port projects: benefit, medium. If enacted, Treasury would urge the World Bank to require strong risk plans for port and shipping loans. Plans would cover security staff with compliance officers, better ship tracking, integrated systems, regular audits and inspections, community engagement, satellite surveillance, and safe whistl… - Find and fix World Bank delays: benefit, medium. If enacted, Treasury would direct U.S. representatives to study why World Bank projects get delayed and how to speed them up. The Secretary would send an initial report within 180 days, and a follow‑up report 180 days after that on actions taken. - IMF loans: stronger anti-corruption: benefit, medium. If enacted, Treasury would push the IMF to avoid loan rules that cut health, education, or climate spending or that raise regressive taxes. It would press for clear, time-bound anti-corruption commitments, public governance diagnostics, civil-society input, and no waivers for lack of political will… - Cut reliance on Russian farm supplies: benefit, low. If enacted, Treasury would urge international financial institutions to support projects that reduce dependence on Russian fertilizer and grain, boost global grain resilience, and draw private investment. The Secretary could waive this instruction in the national interest. The section would end aft… - Keep World Bank pause for Burma: benefit, low. If enacted, Treasury would tell the U.S. World Bank representative to keep pausing disbursements and new financing to Burma. The pause would continue unless the Secretary finds that continuing it is not in the public interest. - Plan World Bank support for Haiti: benefit, low. If enacted, Treasury would press the World Bank to create a long‑term economic plan for Haiti. The Secretary would send Congress an analysis and recommendations within 180 days. - Reports on abuses in bank projects: benefit, low. If enacted, Treasury would report to Congress every two years on human rights accusations at private‑sector hospital investments and push for independent reviews of those investments. Treasury would also provide quarterly reports for three years on the World Bank’s actions to compensate survivors o… - IMF deputy for poorer countries: benefit, low. If enacted, Treasury would urge the IMF to add a Fifth Deputy Managing Director from a low‑ or middle‑income country. This Deputy would represent those countries other than China. - Pause IMF debt after disasters: benefit, low. If enacted, Treasury would urge the IMF to let low‑income or small states pause all IMF debt payments and interest after a climate disaster. The pause would last 5 years or until a country’s GDP is at least 80% of pre‑disaster levels, whichever is later. - More U.S. funding for dev banks: cost, high. If enacted, the U.S. could subscribe to $7.8 billion in callable capital for the African Development Bank, buy $439.1 million in paid‑in shares at the EBRD, and contribute $591 million to the African Development Fund. Any purchase or contribution would still depend on later appropriations by Congre… - IMF funding: bigger U.S. stake: mixed, high. If enacted, the U.S. could consent to raise its IMF quota by 41,497,100,000 SDRs, but only if Congress provides money in advance. The current U.S. authorization under the IMF’s New Arrangements to Borrow would end when the IMF rolls back our NAB credit line, and not before the quota increase takes… - No unilateral U.S. exit from IFIs: mixed, medium. If enacted, the U.S. could not withdraw from, end participation in, or withhold legally required payments to international financial institutions without a new law from Congress. This would keep funding commitments in place unless Congress authorizes changes. - SEC exemption for IDA bonds: mixed, medium. If enacted, securities issued or guaranteed by the International Development Association would be exempt from certain SEC rules. The SEC could still require reports and could suspend the exemption. The change would take effect 30 days after enactment. ## Related bills - 119-hr-6644: 21st Century ROAD to Housing Act - 119-hr-3151: SHIPS for America Act of 2025 - 119-hr-7977: Energy Bills Relief Act - 119-hr-7973: Momnibus Act - 119-hr-6771: Housing Crisis Response Act of 2025 - 119-hr-10421: Transforming Education for the Future Act ## Sources - [119-hr-3224 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/3224) ## Related - [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644) - [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151) - [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977) - [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973) - [119-hr-6771: Housing Crisis Response Act of 2025](https://policyrisk.com/legislation/119-hr-6771) - [119-hr-10421: Transforming Education for the Future Act](https://policyrisk.com/legislation/119-hr-10421) - [All bills in Congress](https://policyrisk.com/legislation) Source: PRIA, https://policyrisk.com/legislation/119-hr-3224 (as of 2026-04-21).