To require the United States to oppose and vote against any proposal to create any financing mechanism designed to prevent or resolve the insolvency of sovereign nations.

Amends the International Financial Institutions Act to direct the Secretary of the Treasury to instruct the U.S. Executive Director of each international financial institution to use the voice and vote of the United States to oppose the creation of any financing mechanism (international bailout fund) designed to prevent or resolve the insolvency of sovereign nations.