IDB Transparency Act

S 2470, the IDB Transparency Act, requires the U.S. Treasury Secretary to submit a detailed report within 180 days of enactment about China's influence at the Inter-American Development Bank (IDB). The report must include a full list of IDB projects funded by China or Chinese companies (with project details, funding amounts, and implementation status), an analysis of potential human rights or corruption risks, and an assessment of how China uses the IDB to advance its interests. It also directs the U.S. Executive Director at the IDB to actively reduce China's role through transparency measures and voting against projects involving significant Chinese funding or influence. The bill mandates follow-up reports every two years and requires public summaries of these findings. This directly affects U.S. government agencies, the IDB, and projects involving Chinese funding or participation.