Overview
- The El Salvador Accountability Act of 2025, introduced by Senators Van Hollen, Kaine and Padilla, proposes visa restrictions and asset freezes on President Bukele and senior officials over alleged human rights violations.
- The bill mandates a report to Congress by the U.S. secretary of state on the use of cryptocurrency by Salvadoran authorities for corruption and sanctions evasion.
- It directs U.S. financial institutions to oppose loans or assistance to El Salvador except for humanitarian purposes.
- On July 9, President Bukele ridiculed the measure on Twitter as “salty,” dismissing its critics in the U.S. Senate.
- Despite growing international scrutiny, Bukele’s administration has continued expanding its Bitcoin reserves to over 6,200 BTC while maintaining strong domestic support.