Bill > S2058

This bill aims to impose significant sanctions and restrictions on the government of El Salvador under President Nayib Bukele due to concerns about human rights violations and potential constitutional abuses. The bill would require the President to impose sanctions on key Salvadoran government officials, including the President, Vice President, and various ministers, as well as any foreign persons working on behalf of the Salvadoran government who have engaged in gross human rights violations or undermined individual rights. These sanctions include blocking property and financial transactions, making sanctioned individuals inadmissible to the United States, revoking their visas, prohibiting U.S. financial institutions from providing loans, and restricting foreign exchange transactions. The bill also mandates annual reports to Congress detailing the sanctions, U.S. assistance to El Salvador, and any agreements between the two countries. Additionally, it requires the Secretary of State to submit a report investigating the Salvadoran government's use of cryptocurrency for potential corruption and sanctions evasion. The sanctions can be lifted after four years if the Salvadoran government demonstrates compliance with human rights standards and ceases activities that deprive individuals of their constitutional rights. The bill further instructs U.S. representatives in international financial institutions to oppose and suspend loans to the Salvadoran government, with an exception for humanitarian assistance.

Government Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/2058/all-info