1. Pilot authority to waive voice and vote requirements, on a case-by-case basis, in the international financial institutions (a) In general The Secretary may waive, on a case-by-case basis, a statutory requirement that directs the United States Executive Director at an international financial institution with respect to the use of the voice and vote of the United States. (b) Definitions In this section: (1) International financial institution The term international financial institution has the meaning given the term in section 1701(c)(2) of the International Financial Institutions Act. (2) Secretary The term Secretary means the Secretary of the Treasury. (c) Report described Within 30 days after issuing a waiver under subsection (a), the Secretary shall submit to the Committee on Financial Services of the House of Representatives and the Committee on Foreign Relations of the Senate a written report that includes the following: (1) A description of any project, policy, or other matter to which the waiver would apply. (2) An explanation of the reasons for the waiver. (3) A certification that— (A) the United States Executive Director continues to promote the objectives of the requirement at the international financial institution; (B) the waiver does not undermine the ability of the United States to promote the objectives