S. 2048 explained · 119th Congress · Pending in Congress
PRC Military and Human Rights Capital Markets Sanctions Act of 2025
Cosponsors: 1 (0 D, 1 R) · per Congress.gov, 2026-10-11
Introduced: 2025-06-12
Latest action (2025-06-12): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
What S. 2048 does, in plain terms
PRC Military and Human Rights Capital Markets Sanctions Act of 2025 This bill prohibits U.S. persons from investing in securities issued by certain sanctioned and otherwise restricted entities, including Chinese military companies and Chinese entities sanctioned for human rights abuses or corruption. The bill establishes divestment deadlines and criminal and civil penalties for violations of the bill.
Official summary by the Congressional Research Service, via Congress.gov.
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