PolicyBrief
H.RES. 1056
119th CongressFeb 10th 2026
Calling for the annulment of the Monroe Doctrine and the development of a "New Good Neighbor" policy in order to foster improved relations and deeper, more effective cooperation between the United States and its Latin American and Caribbean neighbors.
IN COMMITTEE

This resolution calls for the annulment of the Monroe Doctrine and the establishment of a "New Good Neighbor" policy to foster improved, cooperative relations between the U.S. and its Latin American and Caribbean neighbors.

Nydia Velázquez
D

Nydia Velázquez

Representative

NY-7

LEGISLATION

U.S. Resolution Proposes Ending the Monroe Doctrine: A Shift Toward 'Good Neighbor' Diplomacy and Debt Reform by 2026.

This resolution calls for a fundamental reset of how the United States treats its neighbors in Latin America and the Caribbean. It formally asks the State Department to scrap the 200-year-old Monroe Doctrine—the policy often used to justify U.S. intervention in the Western Hemisphere—and replace it with a 'New Good Neighbor' policy. This isn't just a name change; the bill outlines a massive shift in how the U.S. handles everything from economic sanctions and debt to climate change and military action, aiming to move from a 'police power' role to a collaborative partnership.

Trading Sanctions for Stability

A major pillar of this proposal involves cleaning up the economic 'fine print' that affects millions. The resolution pushes to terminate unilateral economic sanctions, like the long-standing Cuba embargo, and requires the Treasury and State Departments to respect the sovereign economic plans of other countries. For a small business owner in the U.S. who deals in international trade, or a tech worker looking at emerging markets, this could mean more predictable trade routes and less red tape. The bill also wants to reform the IMF and World Bank to stop forcing 'fiscal consolidation' (often code for cutting public services) on developing nations, focusing instead on expanding healthcare, education, and workers' rights. It’s an attempt to stabilize the region’s economy so that people don't feel forced to migrate due to financial collapse at home.

Accountability and the 'Paper Trail'

The resolution doesn't shy away from the past; it mandates the declassification of U.S. government archives related to past coups, dictatorships, and human rights abuses in the region. Think of it as a massive historical audit. By opening up these records, the bill seeks to rebuild trust with regional governments. It also calls for a major overhaul of the Organization of American States (OAS) to make it more transparent and independent from the Secretary General’s office. For the average person, this is about moving toward a foreign policy that’s more 'open book' and less 'behind closed doors,' ensuring that U.S. tax dollars aren't quietly funding extraconstitutional transfers of power.

Climate Costs and Regional Realities

On the practical side of modern life, the bill focuses heavily on the environment and migration. It proposes recurring U.S. contributions to the Amazon Fund and a UN 'Loss and Damage' trust to help neighbors handle climate disasters. If you’re wondering why this matters to someone in the U.S., it’s because climate instability down south often leads to supply chain disruptions and migration surges at the border. However, the bill is somewhat vague on the exact dollar amounts for these 'major contributions,' which means the actual cost to the U.S. taxpayer remains a bit of a question mark. It also creates a 'trigger' for an automatic review of U.S. aid whenever a government is overthrown, aiming to ensure we aren't accidentally backing the 'bad guys' during political turmoil.