Search for members, bills, votes, committees, hearings, and nominations
The VALOR Act of 2025 proposes a framework for U.S. policy toward Venezuela, focusing on economic pressure and support for a transition to a democratic government. If enacted, the bill would require the President to block the property of the current Venezuelan government and individuals supporting it. It also aims to restrict international support for the current regime by allowing the U.S. to deny foreign aid or debt forgiveness to other countries that provide assistance to the Venezuelan government. Additionally, U.S. citizens and businesses would be prohibited from dealing in Venezuelan debt or digital currencies.
Beyond sanctions, the legislation seeks to provide humanitarian and democratic support. It would authorize assistance for nongovernmental organizations working on democracy-building and require the creation of a long-term plan to provide food, medicine, and energy aid once a democratically elected government takes office. For sanctions to be lifted, the President would need to certify that Venezuela has held free elections, released political prisoners, and made progress on human rights and judicial independence. The bill also directs the Treasury Department to oppose seating Venezuelan representatives at major international financial institutions like the International Monetary Fund.
AI-generated summary
Introduced in Senate
Jan 8, 2025
Read twice and referred to the Committee on Foreign Relations.
Jan 8, 2025
Introduced in Senate
Jan 8, 2025
Read twice and referred to the Committee on Foreign Relations.
Jan 8, 2025
No CBO cost estimate has been published for this bill.