HR4423

This bill formalizes a policy already in effect since 2021—the World Bank's pause on disbursements and new financing to Burma following the military coup. It directs the U.S. Treasury Secretary to instruct the U.S. Executive Director at the IBRD to vote to continue the pause unless the Secretary determines it is not in the national interest. The bill was introduced on July 15, 2025, reported favorably by the House Financial Services Committee (54-0) on September 8, 2025, and considered under suspension of the rules on December 1, 2025. It has not passed the House floor and faces an uncertain path to law. The bill authorizes zero U.S. spending, creates no new programs, changes no domestic regulations, and imposes no costs or benefits on any U.S.-listed company. No public company's revenue, cost structure, or competitive position is affected.