Some foreign banks could lose access to key U.S. dollar accounts. That would happen if they give major financial help to Russian sanctions targets or Russia’s energy sector. The bill also sets waiver rules, reports to Congress, and an end date.
Modern Action explains legislation in plain English, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.
PEACE Act of 2025 is a House bill in committee. The latest recorded action: Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, 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.
Latest action on H.R. 4301: Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, 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.
Who this affects: This bill mainly affects foreign banks that do business with covered Russian sanctions targets or Russia’s energy sector. It also affects Russian energy firms that Treasury may identify, U.S. banks that handle dollar accounts for foreign banks, and companies that rely on those banks for payments. U.S. officials would gain a clearer tool for pressuring Russia through the financial system.
Why this matters: The bill matters because access to U.S. dollar banking is a powerful tool in global finance. Foreign banks often need U.S. accounts to move money for trade and payments. This bill would use that access to pressure banks that keep helping covered Russian targets. The effects could reach beyond Russia, depending on how Treasury applies the rules and how other countries respond.
You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.
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Officially: PEACE Act of 2025
Some foreign banks could lose access to key U.S. dollar accounts. That would happen if they give major financial help to Russian sanctions targets or Russia’s energy sector. The bill also sets waiver rules, reports to Congress, and an end date.
Use this page to support, oppose, or ask Congress to amend H.R.4301. Modern Action explains PEACE Act of 2025 in plain English, helps identify the right senators or representative, and drafts a bill-specific message you can edit and send.
Where it stands
Sitting in Foreign Affairs
No vote scheduled. Constituent contact is what moves bills out of committee.
↓ Why your message matters here
This bill is sitting in committee with no scheduled vote — which means a small number of constituent messages can decide whether it moves forward or quietly dies.
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Where this bill is in the process
Introduced
Introduced in House
House Committee
Under House committee consideration
Latest: Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, 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. (7/7/2025)
House Floor Vote
Voted on by House
Passed House
Approved by House
Senate Review
Sent to Senate for consideration
Passed Both Chambers
Approved by both House and Senate
Signed into Law
Signed by the President
For more detail
Choose one clear position: support, oppose, or amend. Then pick any reasons or personal context you want included. Modern Action uses that input and the bill context to draft a message you can edit and send.
Congressional offices prioritize messages from their own constituents. Modern Action uses your address to route the drafted message to your House representative when that is the most relevant target for this bill.
The draft includes the bill number, your position, the reasons you selected, any personal context you added, and a direct ask such as voting yes, voting no, cosponsoring, opposing, or seeking changes. You stay in control because you can edit the message before sending.
This page gives you an opportunity to support, oppose, or ask for changes to PEACE Act of 2025, then contact the elected officials who can act. Modern Action drafts the message from your position and the reasons you select.
Modern Action keeps the action tied to the bill itself: what it would do, where it is in the process (committee), which office can still act, and what ask belongs in the message.
You are not starting from a blank form. Modern Action drafts the message around H.R.4301, your stance, and the reasons you choose, then lets you edit and send when ready.
