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HB4301Introduced in the House

PEACE Act of 2025 Preventing the Escalation of Armed Conflict in Europe Act of 2025

IntroducedHouse Foreign Affairs

Introduced by Zachary Nunn, District IA-3

What does this bill do?

Plain-English breakdown

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Official description

To secure a peaceful resolution to the Russia-Ukraine conflict by requiring the Secretary of the Treasury to prohibit, or impose strict conditions on, the opening or maintaining in the United States of a correspondent account or a payable-through account by certain foreign financial institutions, and for other purposes.

Where it stands

Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

July 7, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

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Bill history

  1. Introduced in House

  2. Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

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