Press Releases

Today, the House passed the Financial Services and General Government and National Security, Department of State, and Related Programs Appropriations Act that included key provisions led by House Financial Services Committee Chairman French Hill (AR-02) and Rep. Maria Salazar (FL-27).

Chairman Hill’s H.R. 1474, the International Nuclear Energy Financing Act, expands access to multilateral financing tools for civil nuclear energy projects abroad, helping U.S. companies compete globally while promoting safe and reliable energy as an alternative to energy sources backed by opposing nations.

Rep. Salazar’s H.R. 6892 authorizes the Treasury Secretary to subscribe to additional shares of the capital stock of the Inter-American Investment Corporation. This will strengthen U.S. engagement in the Western Hemisphere by supporting development of the region’s private sector and expanding opportunities for growth and stability.

Chairman Hill said, “For years, I’ve pushed for nuclear energy to be included as an essential part of an ‘all of the above’ energy strategy. My legislation ensures the United States can support civil nuclear projects abroad with real financing tools, so developing countries have access to safe, reliable energy without being driven into the arms of coercive financing from Russia or China. If we want to meet global energy demand and remain competitive, our nation must embrace the full range of proven nuclear technologies and act with urgency. My bill is a critical step toward making this a reality.”