S. 2125

119 S2125 IS: Prying Into Chinese Tyrants' Unreported Riches, Earnings, and Secrets Act
 U.S. Senate
 2025-06-18
 text/xml
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  II
  119th CONGRESS
  1st Session
  S. 2125
  IN THE SENATE OF THE UNITED STATES
  June 18, 2025
  Mr. Scott of Florida  (for himself and
  Mr. Cassidy ) introduced the following
  bill; which was read twice and referred to the  Select Committee on Intelligence
  A BILL
To require a report on the wealth of the leadership of the Chinese Communist
  Party, and for other purposes.
1.
Short title
This Act may be cited as the   Prying Into Chinese Tyrants' Unreported Riches, Earnings, and Secrets Act   or the   PICTURES Act  .
2.
Findings
Congress makes the following findings:
(1)
The Chinese Communist Party (CCP) operates as an opaque, authoritarian regime in which political power is concentrated in the hands of a relatively small group of senior officials.
(2)
The leadership of the CCP, including full members of the Central Committee and the Central Committee’s Politburo (also known as the Political Bureau) and Politburo Standing Committee, exert significant control over economic, military, and political affairs both within the People's Republic of China and externally.
(3)
Numerous credible reports and investigations have revealed that senior CCP officials and their families have amassed substantial wealth, often hidden through opaque financial structures, foreign holdings, and proxies.
(4)
A report issued by the Office of the Director of National Intelligence (ODNI) in March 2025 provided an important initial assessment of the financial assets of CCP leaders. A subsequent report, incorporating photographic evidence of CCP leaders’ wealth and corruption, could build upon that work to further expose the hypocrisy and duplicity of the Chinese Communist Party.
(5)
Understanding the financial interests, personal assets, and overseas holdings of CCP leaders is essential to informing United States foreign policy, national security, and economic security decision-making.
3.
Sense of Congress
It is the sense of Congress that—
(1)
the effectiveness and credibility of intelligence reporting on sensitive subjects, including the wealth of senior CCP officials, depends upon the full cooperation of all relevant components of the United States intelligence community; and
(2)
all related nonpublic information, including classified intelligence, financial data, and foreign partner reporting, must be made available within the United States intelligence community to support such assessments to the fullest extent possible consistent with the protection of sources and methods.
4.
Report on the wealth of the leadership of the Chinese Communist Party
(a)
In general
Not later than 180 days after the date of the enactment of this Act, and not later than 180 days following the appointment of a new Central Committee within the CCP, the Director of National Intelligence shall post on a publicly available website of the Office of the Director of National Intelligence and submit to the Select Committee on Intelligence of the Senate and the Permanent Select Committee on Intelligence of the House of Representatives a report on the wealth of the leadership of the Chinese Communist Party.
(b)
Elements
The report required under subsection (a) shall include the following elements:
(1)
A detailed assessment of the personal wealth, financial holdings, and business interests of full Central Committee members and the head of the Central Commission for Discipline Inspection, including all immediate family members of such foreign persons, prioritizing the following individuals:
(A)
The General Secretary of the Chinese Communist Party.
(B)
Members of the Politburo Standing Committee.
(C)
Members of the full Politburo.
(D)
Provincial-level Party Secretaries.
(E)
Members of the Central Military Commission.
(2)
Documentation and, as available, photographic evidence of physical and financial assets owned or controlled directly or indirectly by such officials and their immediate family members, including, at a minimum—
(A)
real estate holdings inside and outside the People's Republic of China, including the Special Administrative Regions of Hong Kong and Macau;
(B)
high-value personal assets, such as yachts, luxury vehicles, private aircraft; and
(C)
business holdings, investments, and financial accounts held in foreign jurisdictions.
(3)
Identification of financial proxies, business associates, or other entities used to obscure the ownership of such wealth and assets, including those referenced in ODNI’s March 20, 2025, report as a baseline.
(4)
An assessment by the Director of National Intelligence regarding the level of cooperation and responsiveness of each relevant component of the intelligence community in providing information, analysis, and support for the preparation of the report, including whether any component failed to fully cooperate or provide requested nonpublic information.
(5)
Nonpublic information related to the wealth of the leadership of the Chinese Communist Party, to the extent possible consistent with the protection of intelligence sources and methods, including information derived from classified sources, foreign partner reporting, financial intelligence, human sources, or other intelligence community holdings.
(c)
Form
The report posted and submitted under subsection (a) shall be in unclassified form, but the version submitted to Congress may include a classified annex as necessary.
5.
Intelligence community defined
In this Act, the term  intelligence community  has the meaning given such term in section 3(4) of the National Security Act of 1947 ( 50 U.S.C. 3003(4) ).