Skip to main content

Politicians make promises on their stump — we watch and hold them accountable.

Help keep the record honest →Create an account
Bills/119th Congress · House

H.R. 8974

Introduced

To authorize the Development Finance Corporation to invest in Venezuela.

Sponsor
RDarrell Issa· California
Introduced
May 21, 2026
Policy area
International Affairs
Latest action
Referred to the House Committee on Foreign Affairs.May 21, 2026
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8974 Introduced in House (IH)]

<DOC>

119th CONGRESS
2d Session
H. R. 8974

To authorize the Development Finance Corporation to invest in 
Venezuela.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

May 21, 2026

Mr. Issa (for himself and Ms. Salazar) introduced the following bill; 
which was referred to the Committee on Foreign Affairs

_______________________________________________________________________

A BILL

To authorize the Development Finance Corporation to invest in 
Venezuela.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. AUTHORIZATION TO INVEST IN VENEZUELA.

(a) Removal as Country of Concern.--Section 1402(3) of the BUILD 
Act of 2018 (22 U.S.C. 9601(3)) is amended--
(1) by striking subparagraph (A); and
(2) by redesignating subparagraphs (B) through (G) as 
subparagraphs (A) through (F), respectively.
(b) Investment Authority.--Notwithstanding any other provision of 
law, the Development Finance Corporation may invest in the Bolivarian 
Republic of Venezuela.
<all>

Plain-language analysis

Not yet analyzed.

A plain-language breakdown — including any hidden or off-intent provisions and whether the bill was fast-tracked — is generated separately and reviewed before publishing. It will appear here once ready. Until then, the verbatim text above and the official source are the record.

StumpWatch is live, and the record is still growing. Many promises and positions aren’t tracked yet, and some features are still in beta. Add a sourced promise and help keep the record honest.

Help keep the record honest →