21st Century Peace through Strength Act

Sponsor: Michael McCaul (R-TX)

This bill establishes law on various foreign policy matters. For example, the bill requires the President to impose property-blocking sanctions on foreign persons (i.e., individuals and entities) associated with transnational criminal organizations that traffic fentanyl; authorizes the President to seize and transfer certain Russian sovereign assets to fund Ukrainian war compensation or reconstruction; prohibits entities in the United States from distributing, updating, or maintaining a website or application operated by ByteDance, Ltd., TikTok, or certain other entities; prohibits data brokers from providing personally identifiable sensitive data of U.S. persons to foreign adversary countries; imposes property-, docking-, and visa-blocking sanctions on foreign persons operating ports, ships, and refineries supporting Iranian petroleum exports; imposes property- and visa-blocking sanctions on foreign persons supporting Iranian missile programs and on certain Iranian leaders; imposes property-blocking sanctions on foreign states providing material support to Hamas or Palestinian Islamic Jihad; requires the United States to regulate exports of certain foreign-produced items related to Iran; extends the authority of the President to impose sanctions on foreign persons using human shields; imposes property- and visa-blocking sanctions on foreign persons involved in the trafficking of captagon; requires U.S. financial institutions to close certain accounts related to Iranian leaders and the Department of the Treasury to seek the closure of such accounts in foreign financial institutions; and prohibits U.S. financial institutions from opening or maintaining certain accounts with Chinese financial institutions that support Iranian petroleum exports. Full Summary: DIVISION A--FEND OFF FENTANYL ACT Fentanyl Eradication and Narcotics Deterrence Off Fentanyl or the FEND Off Fentanyl Act TITLE I--SANCTIONS MATTERS Subtitle A--Sanctions in Response to National Emergency Relating to Fentanyl Trafficking (Sec. 3101) This section expresses that the policy of the United States is to apply economic and other financial sanctions to those who engage in the international trafficking of fentanyl, fentanyl precursors, or other related opioids.

International Affairs Topic assigned by the Congressional Research Service.