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PEACE Act of 2025

10/15/2025, 7:06 PM

Summary of Bill HR 4346

H.R. 4346, introduced in the 119th Congress on July 10, 2025, aims to facilitate a peaceful resolution to the Russia-Ukraine conflict by directing the Secretary of the Treasury to restrict the opening or maintenance of correspondent accounts or payable-through accounts in the U.S. by specific foreign financial institutions.

Current Status of Bill HR 4346

Bill HR 4346 is currently in the status of Bill Introduced since July 10, 2025. Bill HR 4346 was introduced during Congress 119 and was introduced to the House on July 10, 2025.  Bill HR 4346's most recent activity was Placed on the Union Calendar, Calendar No. 277. as of October 3, 2025

Bipartisan Support of Bill HR 4346

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
9
Democrat Cosponsors
6
Republican Cosponsors
3
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4346

Primary Policy Focus

International Affairs

Alternate Title(s) of Bill HR 4346

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

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