Save Our Shrimpers Act

This bill would prohibit federal funds from being provided to international financial institutions, such as the International Monetary Fund, for any activities related to foreign shrimp farming, processing, or exports. It would require the Department of the Treasury to ensure that these institutions do not use U.S. funds to support foreign shrimp industries. Additionally, the Government Accountability Office would be required to conduct annual investigations and report to Congress on whether U.S. leadership at these institutions is successfully opposing financial assistance for foreign commodities that compete with and injure domestic producers.

This bill affects international financial institutions, such as the International Monetary Fund, by prohibiting them from using federal funds for activities related to foreign shrimp farming, processing, or exports. The Department of the Treasury and U.S. leadership at these institutions are affected by new requirements to condition funding and oppose specific foreign financial assistance. Additionally, the Government Accountability Office is required to conduct investigations and provide annual reports to Congress regarding compliance with these policies.

• Prohibition on federal funding for foreign shrimp activities. The bill bars federal funds from being provided to international financial institutions, such as the International Monetary Fund, for any activities involving foreign shrimp farming, processing, or exports.
• Treasury Department funding conditions. The Department of the Treasury must condition the release of federal funds to international financial institutions on the requirement that those funds are not used to support the foreign shrimp industry.
• GAO investigation and reporting requirements. The Government Accountability Office is required to conduct an investigation and submit annual reports to Congress regarding whether U.S. leadership at international financial institutions is complying with directives to oppose financing for certain surplus commodities or minerals that injure domestic producers.

• H.R. 2071, Save Our Shrimpers Act
  Mar 17, 2026 · As ordered reported by the House Committee on Financial Services on March 4, 2026

The bill expands upon existing law that requires the Department of the Treasury to instruct U.S. leadership at international financial institutions to oppose financing for foreign commodities or minerals in world surplus that injure U.S. producers. It adds specific prohibitions on funding for foreign shrimp farming and processing while requiring the Government Accountability Office to monitor compliance with these existing and new instructions.

The bill aims to protect the domestic shrimp industry by prohibiting federal funds from supporting international financial institutions that finance foreign shrimp farming, processing, or exports. It also seeks to ensure accountability by requiring annual reports on whether U.S. officials at these institutions are opposing financial assistance for foreign commodities that create surpluses and injure U.S. producers.