Exchange Stabilization Fund Transparency Act

The Exchange Stabilization Fund Transparency Act requires the Treasury Secretary to notify Congress at least 24 hours before using the Exchange Stabilization Fund to provide financial assistance to foreign governments or entities. This notification must include detailed information about the nature and cost of the aid, an explanation of how it serves U.S. national interests, risk assessments, and any conditions attached to the funding. Additionally, the bill mandates a briefing for Congress within seven days of such assistance and requires a comprehensive report within 30 days covering all similar actions taken in the four years prior to the law's enactment.