US Congress · H.R. 6905 · In committee

Argentina Bailout Oversight Act

Introduced

Moved

Reached a final decision

Introduced 2025-12-18

Derived from the official record below.

Officially: “Argentina Bailout Oversight Act” Read the full text

International Affairs

What it does

The bill would require the Government Accountability Office to study the 2025 financial crisis in Argentina. The study would cover the crisis's origins, what the US government and IMF knew and advised beforehand, the US and international response, the Treasury Secretary's legal authority to use the Exchange Stabilization Fund, and Argentina's recovery efforts. Within 18 months of enactment, the Comptroller General would report the findings to two congressional committees and then post the report publicly online.

Written by AI from the complete official bill text and independently fact-checked against it. Not legal advice.

Read it in plain language

AI plain language2 sections

Written by AI from the complete official bill text and independently fact-checked against it. Not legal advice.

1Short title

This section would let the Act be called the Argentina Bailout Oversight Act.

Show official text

Official text, verbatim from the record

1. Short title This Act may be cited as the Argentina Bailout Oversight Act .

2GAO report

This section would require the Comptroller General of the United States (the head of the Government Accountability Office) to study the 2025 financial crisis in Argentina. The study would have to cover five things: the origins of Argentina's financial crisis; how aware the United States government and the International Monetary Fund were of Argentina's financial problems and what advice they gave Argentina; the United States and international response to the crisis, including the terms and conditions of the agreements that carried out United States assistance; the legal authority the Secretary of the Treasury has to use the Exchange Stabilization Fund to pay for United States assistance; and Argentina's efforts to recover from the crisis. Within 18 months after the Act becomes law, the Comptroller General would have to send a report with the study's findings and conclusions to the House Committee on Financial Services and the Senate Committee on Banking, Housing, and Urban Affairs. After submitting that report, the Comptroller General would have to make it publicly available on the Government Accountability Office's website.

Show official text

Official text, verbatim from the record

2. GAO report (a) Study The Comptroller General of the United States shall conduct a study of the 2025 financial crisis in Argentina. (b) Scope The study shall include— (1) an examination on the origins of Argentina’s financial crisis; (2) an assessment of the extent to which the United States Government and the International Monetary Fund have been aware of Argentina’s financial problems and provided relevant advice to Argentina; (3) a description of the United States and international response to the crisis, including an assessment of the terms and conditions of the agreements implementing United States assistance to address the crisis; (4) an analysis of the statutory authority of the Secretary of the Treasury to use the Exchange Stabilization Fund to fund United States assistance; and (5) an examination of the efforts of Argentina to recover from the crisis. (c) Report to Congress Within 18 months after the date of the enactment of this Act, the Comptroller General shall submit to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate a report containing the findings and conclusions of the study required by subsection (b). (d) Publication After submitting the report required by subsection (c), the Comptroller General shall make the report publicly available on the website of the Government Accountability Office.

AI plain languageRead the whole bill in plain language, 2 sections

Where it is

Introduced · 2025-12-18

In the House.

Committee, then floor votes in both chambers · next · the next step

Official documents

Full bill textread it on this site, version ih (Introduced in House), as published by GovInfo

official

The on-site text is shown verbatim from the GovInfo publication, captured 2026-07-12. The same version at GovInfo.

The numbers

of bills introduced became law in the 118th Congress, 2023 to 2024 (n=16,213)

sponsor, out of 218 needed to pass

Every fact on this page links to its source, starting with the official bill record. Last action: Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (2025-12-18).