1. Short title This Act may be cited as the Venezuela TPS Act of 2018 . 2. Findings Congress makes the following findings: (1) Venezuela is enduring an unprecedented economic, humanitarian, security, and refugee crisis, consisting of extreme food and medicine shortages, severe infant and child malnutrition, rampant crime, and government-sponsored repression. (2) Venezuela’s economic crisis continues unabated and the International Monetary Fund projects that inflation in Venezuela could reach an annual rate of 1,000,000 percent in 2018. (3) As evidence of the humanitarian crisis created by Venezuela’s systemic economic turmoil— (A) more than 9,000,000 people in Venezuela are eating 2 or fewer meals a day; and (B) approximately 75 percent of the population have reported losing an average of— (i) 19 pounds in 2016; and (ii) 24 pounds in 2017. (4) Moderate to severe malnutrition among Venezuelan children under 5 years of age increased by more than 50 percent in 2017, and approximately 300,000 Venezuelan children are at risk of dying from malnutrition, according to Cáritas de Venezuela, a Catholic humanitarian organization. (5) Pharmacies in Venezuela have shortages of approximately 85 percent of needed medicines and 76 percent of public hospitals lack the basic medicines that should be available in any functional public hospital, including those that are on the World Health Organization’s List of Essential Medicines. (6) As evidence of the significant effect that Venezuela’s economic crisis on public health, Venezuela’s Health Ministry reported that in 2016— (A) there was a 30-percent increase in the infant mortality rate