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S. 2048: PRC Military and Human Rights Capital Markets Sanctions Act of 2025

A Senate bill (S.) in the 119th U.S. Congress.

Overview

Congress119th U.S. Congress (2025–2026)
TypeSenate bill (S.)
Originating chamberSenate
Introduced2025-06-12
SponsorSen. Ricketts, Pete [R-NE]
Policy areaFinance and Financial Sector
Cosponsors1
Latest action2025-06-12 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Last updated2026-06-05

Summary

Official summary (Introduced in Senate, 2025-06-12):

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.

Cosponsors (1)

NameParty / state
David McCormick R PA 2026-06-04

Full text & official record

The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for S. 2048 are published by Congress on congress.gov.

View S. 2048 on congress.gov →

Frequently asked questions

What is S. 2048?

S. 2048 is a Senate bill (S.) introduced in the 119th U.S. Congress, originating in the Senate. Official title: PRC Military and Human Rights Capital Markets Sanctions Act of 2025.

Where can I read the full bill text?

The full text, cosponsors, amendments, and legislative status for S. 2048 are available on congress.gov.

Bill data: congress.gov API (official congressional records).