IDB Transparency Act

HR 4865, the IDB Transparency Act, requires the U.S. Treasury Secretary to submit a detailed report within 180 days of enactment on China's influence at the Inter-American Development Bank (IDB). The report must include all projects funded by China or Chinese companies since 2009, assess risks like corruption or human rights issues, and analyze how China uses the IDB to advance its diplomatic and economic interests. It also mandates that the U.S. Executive Director at the IDB actively reduce China's influence by reviewing high-risk projects, voting against certain projects, and opposing China's increased shareholding. The U.S. must submit updated reports every two years for a decade, with summaries made public 60-90 days after submission.