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H.R. 1841: Peace on the Korean Peninsula Act

The "Peace on the Korean Peninsula Act" aims to reevaluate existing restrictions on travel to North Korea and to actively pursue a formal end to the Korean War. The main objectives of the bill can be summarized in the following sections:

Key Findings

  • The Korean War has not officially ended; the 1953 armistice only ceased hostilities but did not finalize peace.
  • Recent commitments from leaders of South Korea and North Korea suggest a move towards peace.
  • The continuation of the war affects U.S. relations with North Korea and restricts travel for Korean Americans wishing to visit relatives in North Korea.
  • There are around 100,000 Americans with relatives in North Korea, whose ability to visit them is limited by current policies.

Humanitarian Travel Considerations

The bill expresses that the current travel restrictions for U.S. citizens wishing to visit North Korea should be reviewed by the Secretary of State. This review would consider:

  • What types of travel could be deemed in the national interest.
  • Humanitarian reasons that could justify travel to North Korea, such as family events.
  • The process for issuing Special Validation Passports for funerals and other significant family occasions.

The Secretary of State is required to submit a report on this review within 180 days of the bill's enactment, detailing any policy considerations and potential changes.

Formal End to the Korean War

The bill encourages the Secretary of State to engage in serious diplomatic discussions with North and South Korea to seek a binding peace agreement that would formally end the state of war among these nations. A report outlining a roadmap for this peace agreement must also be provided within 180 days, identifying necessary steps, key stakeholders, and challenges to achieving a peace treaty.

Establishing Liaison Offices

The bill indicates that the Secretary of State should negotiate the establishment of liaison offices for the U.S. and North Korea in each other's capitals. This measure is seen as a step towards enhancing relations between the two countries.

Implications for U.S. Armed Forces

It is specified that nothing in this Act will alter the status of U.S. Armed Forces stationed in South Korea or elsewhere, ensuring that military commitments and deployments remain unaffected by this legislative effort.

Relevant Companies

  • BA (Boeing) - As a leading defense contractor, any shift in U.S. policy towards North Korea could impact military contracts and defense strategy.
  • LMT (Lockheed Martin) - Similar to Boeing, changes in defense policy could influence contracts in the defense sector.
  • NOC (Northrop Grumman) - Could be affected by realignments in military engagement policies on the Korean Peninsula.

This is an AI-generated summary of the bill text. There may be mistakes.

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Sponsors

42 bill sponsors

Actions

2 actions

Date Action
Mar. 04, 2025 Introduced in House
Mar. 04, 2025 Referred to the House Committee on Foreign Affairs.

Corporate Lobbying

0 companies lobbying

None found.

* Note that there can be significant delays in lobbying disclosures, and our data may be incomplete.

Potentially Relevant Congressional Stock Trades

Estimated excess return of the underlying stock since the transaction
Politician Stock Transaction Filed Traded
Congress pfp
Gilbert Ray Cisneros, Jr. D / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Sale $1,001 - $15,000
Jun 06, 2025 May 30, 2025 -10.31%
Congress pfp
Gilbert Ray Cisneros, Jr. D / House
BA logo
BA BOEING COMPANY
Purchase $1,001 - $15,000
Jun 06, 2025 May 30, 2025 +4.13%
Congress pfp
Gilbert Ray Cisneros, Jr. D / House
NOC logo
NOC NORTHROP GRUMMAN CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Jun 06, 2025 May 30, 2025 +0.58%
Congress pfp
Robert Bresnahan R / House
NOC logo
NOC NORTHROP GRUMMAN CORPORATION COMMON STOCK
Sale $1,001 - $15,000
Jun 09, 2025 May 15, 2025 +4.36%
Congress pfp
Jefferson Shreve R / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Sale $15,001 - $50,000
Jun 22, 2025 May 12, 2025 -9.59%
Congress pfp
Jefferson Shreve R / House
BA logo
BA BOEING COMPANY
Sale $50,001 - $100,000
Jun 22, 2025 May 12, 2025 +7.87%
Congress pfp
Marjorie Taylor Greene R / House
BA logo
BA BOEING COMPANY
Purchase $1,001 - $15,000
May 06, 2025 May 05, 2025 +11.62%
Congress pfp
Gilbert Ray Cisneros, Jr. D / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
May 06, 2025 Apr 29, 2025 -15.74%
Congress pfp
Bruce Westerman R / House
BA logo
BA BOEING COMPANY
Sale $1,001 - $15,000
May 12, 2025 Apr 21, 2025 +21.80%
Congress pfp
Jefferson Shreve R / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Purchase $15,001 - $50,000
May 08, 2025 Apr 11, 2025 -19.91%
Congress pfp
Josh Gottheimer D / House
NOC logo
NOC NORTHROP GRUMMAN CORPORATION COMMON STOCK
Sale $1,001 - $15,000
May 14, 2025 Apr 09, 2025 -14.28%
Congress pfp
Bruce Westerman R / House
BA logo
BA BOEING COMPANY
Purchase $1,001 - $15,000
May 12, 2025 Apr 08, 2025 +38.22%
Congress pfp
Robert Bresnahan R / House
BA logo
BA BOEING COMPANY
Sale $1,001 - $15,000
Apr 28, 2025 Apr 08, 2025 +38.22%
Congress pfp
Jared Moskowitz D / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
May 09, 2025 Apr 07, 2025 -16.76%
Congress pfp
Julie Johnson D / House
BA logo
BA BOEING COMPANY
Sale $1,001 - $15,000
May 14, 2025 Apr 01, 2025 +24.52%
Congress pfp
Julie Johnson D / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Sale $1,001 - $15,000
May 14, 2025 Apr 01, 2025 -8.43%
Congress pfp
Gilbert Ray Cisneros, Jr. D / House
BA logo
BA BOEING COMPANY
Purchase $1,001 - $15,000
Apr 07, 2025 Mar 31, 2025 +22.21%
Congress pfp
George Whitesides D / House
LMT logo
LMT STOCK, COMPANY-SPECIFIC HOLDINGS INTO PASSIVE ETFS AND MUTUAL FUNDS, PER BEST PRACTICES. C�������: TO AVOID ANY POSSIBLE CONFLICTS OF INTEREST WITH MY FUTURE CONGRESSIONAL WORK, I’M TRANSITIONING MY SINGLE STOCK, COMPANY-SPECIFIC HOLDINGS INTO PASSIVE ETFS AND MUTUAL FUNDS, PER BEST PRACTICES. LOCKHEED MARTIN CORPORATION COMMON STOCK
Sale $50,001 - $100,000
Apr 23, 2025 Mar 24, 2025 -2.32%
Congress pfp
Carol D. Miller R / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Apr 11, 2025 Mar 10, 2025 -15.09%
Congress pfp
Robert Bresnahan R / House
BA logo
BA BOEING COMPANY
Purchase $15,001 - $50,000
Mar 27, 2025 Feb 25, 2025 +23.06%
Congress pfp
Robert Bresnahan R / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Sale $1,001 - $15,000
Mar 27, 2025 Feb 25, 2025 -2.13%
Congress pfp
Jefferson Shreve R / House
BA logo
BA BOEING COMPANY
Sale $15,001 - $50,000
Mar 09, 2025 Feb 24, 2025 +22.42%
Congress pfp
Scott Franklin R / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Mar 18, 2025 Feb 18, 2025 +5.67%
Congress pfp
Scott Franklin R / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Purchase $15,001 - $50,000
Mar 18, 2025 Feb 18, 2025 +5.67%
Congress pfp
Scott Franklin R / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Mar 18, 2025 Feb 18, 2025 +5.67%
Congress pfp
Byron Donalds R / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Sale $1,001 - $15,000
Mar 25, 2025 Feb 13, 2025 +3.83%
Congress pfp
Byron Donalds R / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Sale $1,001 - $15,000
Mar 25, 2025 Feb 13, 2025 +3.83%
Congress pfp
Julie Johnson D / House
BA logo
BA BOEING COMPANY
Purchase $1,001 - $15,000
Mar 12, 2025 Feb 12, 2025 +19.15%
Congress pfp
Gilbert Ray Cisneros, Jr. D / House
BA logo
BA BOEING COMPANY
Sale $1,001 - $15,000
Feb 11, 2025 Jan 24, 2025 +27.06%
Congress pfp
Julie Johnson D / House
BA logo
BA BOEING COMPANY
Purchase $1,001 - $15,000
Feb 12, 2025 Jan 15, 2025 +32.14%
Congress pfp
Robert Bresnahan R / House
BA logo
BA BOEING COMPANY
Sale $15,001 - $50,000
Feb 13, 2025 Jan 13, 2025 +26.53%
Congress pfp
Jared Moskowitz D / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Dec 09, 2024 Nov 08, 2024 -22.72%
Congress pfp
Thomas R. Suozzi D / House
BA logo
BA BOEING COMPANY
Sale $1,001 - $15,000
Nov 12, 2024 Oct 24, 2024 +39.42%
Congress pfp
John James R / House
NOC logo
NOC NORTHROP GRUMMAN CORPORATION COMMON STOCK
Sale $1,001 - $15,000
Sep 06, 2024 Sep 04, 2024 -14.83%
Congress pfp
John James R / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Sale $1,001 - $15,000
Sep 06, 2024 Sep 04, 2024 -33.23%
Congress pfp
Scott Franklin R / House
LMT logo
LMT C�������: OUR BROKER PURCHASED SHARES OF 29 STOCKS IN MY SPOUSE'S ROTH IRA ON 8/7/24 IN ORDER TO REBALANCE THE PORTFOLIO IN ACCORDANCE WITH THE FIRM'S INVESTMENT STRATEGY FOR ACCOUNTS THAT SIZE. HE FAILED TO NOTIFY ME OF THESE TRANSACTIONS AND IT WASN'T DISCOVERED UNTIL I WAS ATTEMPTING TO RECONCILE OUR INVESTMENT HOLDINGS FOR MY 2024 FINANCIAL DISCLOSURE. SP LOCKHEED MARTIN CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Jul 03, 2025 Aug 07, 2024 -36.46%
Congress pfp
Scott Franklin R / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Sale $1,001 - $15,000
Aug 20, 2024 Aug 01, 2024 -31.08%
Congress pfp
Josh Gottheimer D / House
NOC logo
NOC NORTHROP GRUMMAN CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Aug 15, 2024 Jul 19, 2024 +4.18%
Congress pfp
Jared Moskowitz D / House
NOC logo
NOC NORTHROP GRUMMAN CORPORATION COMMON STOCK
Sale $1,001 - $15,000
Aug 06, 2024 Jul 05, 2024 +6.24%
Congress pfp
Jared Moskowitz D / House
NOC logo
NOC NORTHROP GRUMMAN CORPORATION COMMON STOCK
Sale $1,001 - $15,000
Aug 19, 2024 Jul 05, 2024 +6.24%
Congress pfp
Kathy E. Manning D / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Sale $1,001 - $15,000
Aug 16, 2024 Jul 02, 2024 -14.72%
Congress pfp
Kathy E. Manning D / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Sale $1,001 - $15,000
Aug 16, 2024 Jul 02, 2024 -14.72%
Congress pfp
Jared Moskowitz D / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Aug 06, 2024 Jul 01, 2024 -15.62%
Congress pfp
Jared Moskowitz D / House
NOC logo
NOC NORTHROP GRUMMAN CORPORATION COMMON STOCK
Sale $1,001 - $15,000
Aug 06, 2024 Jul 01, 2024 +4.23%
Congress pfp
Kevin Hern R / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Jul 15, 2024 Jun 28, 2024 -16.03%
Congress pfp
Josh Gottheimer D / House
NOC logo
NOC NORTHROP GRUMMAN CORPORATION COMMON STOCK
Sale $1,001 - $15,000
Jul 09, 2024 Jun 18, 2024 +7.48%
Congress pfp
Kevin Hern R / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Apr 12, 2024 Mar 29, 2024 -17.71%
Congress pfp
William R. Keating D / House
BA logo
BA BOEING COMPANY
Sale $1,001 - $15,000
Mar 12, 2024 Feb 28, 2024 -13.22%
Congress pfp
Jared Moskowitz D / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Aug 21, 2024 Feb 13, 2024 -18.31%
Congress pfp
Kathy E. Manning D / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION
Purchase $1,001 - $15,000
Feb 06, 2024 Jan 23, 2024 -23.94%
Congress pfp
Kathy E. Manning D / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION
Purchase $1,001 - $15,000
Feb 06, 2024 Jan 23, 2024 -23.94%
Congress pfp
Blake D. Moore R / House
BA logo
BA BOEING COMPANY
Sale $1,001 - $15,000
Jan 24, 2024 Jan 09, 2024 -31.02%
Congress pfp
Josh Gottheimer D / House
NOC logo
NOC NORTHROP GRUMMAN CORPORATION
Purchase $15,001 - $50,000
Jan 07, 2024 Dec 29, 2023 -21.21%
Congress pfp
Kevin Hern R / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION
Purchase $1,001 - $15,000
Jan 13, 2024 Dec 29, 2023 -29.71%
Congress pfp
John James R / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Sep 02, 2024 Nov 10, 2023 -38.21%
Congress pfp
John James R / House
NOC logo
NOC NORTHROP GRUMMAN CORPORATION COMMON STOCK
Purchase $1,001 - $15,000
Sep 02, 2024 Nov 10, 2023 -30.46%
Congress pfp
Pete Sessions R / House
LMT logo
LMT LOCKHEED MARTIN CORPORATION
Sale $100,001 - $250,000
Nov 07, 2023 Oct 31, 2023 -48.12%
Congress pfp
Josh Gottheimer D / House
NOC logo
NOC NORTHROP GRUMMAN CORPORATION
Purchase $1,001 - $15,000
Oct 15, 2023 Sep 26, 2023 -25.21%
Congress pfp
Lois Frankel D / House
NOC logo
NOC NORTHROP GRUMMAN CORPORATION
Sale $1,001 - $15,000
Oct 10, 2023 Sep 08, 2023 -18.14%