summary
Introduced
02/24/2025
02/24/2025
In Committee
03/05/2025
03/05/2025
Crossed Over
07/24/2025
07/24/2025
Passed
Dead
Introduced Session
119th Congress
Bill Summary
AN ACT To require the Secretary of the Treasury to conduct a study and report on the exposure of the United States to the financial sector of the People’s Republic of China, and for other purposes.
AI Summary
This bill, known as the China Financial Threat Mitigation Act of 2025, requires the Secretary of the Treasury to conduct a comprehensive study and produce a report on the United States' exposure to China's financial sector within one year of the Act's enactment. The report must be developed in consultation with key financial regulators including the Federal Reserve, Securities and Exchange Commission, Commodity Futures Trading Commission, and the State Department. Specifically, the report must assess the potential risks that China's financial sector poses to the United States and global financial systems, describe current U.S. government policies to protect financial stability, evaluate the transparency and reliability of Chinese economic data, and provide recommendations for strengthening international cooperation to monitor and mitigate these financial risks. The report will be unclassified but may include a classified annex, and must be transmitted to relevant Congressional committees and international representatives. Additionally, the Secretary of the Treasury is required to publish the report (excluding any classified sections) on the Department of Treasury's website within one year of the Act's enactment.
Committee Categories
Business and Industry, Housing and Urban Affairs
Sponsors (3)
Last Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 07/24/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/1549/all-info |
| BillText | https://www.congress.gov/119/bills/hr1549/BILLS-119hr1549eh.pdf |
| BillText | https://www.congress.gov/119/bills/hr1549/BILLS-119hr1549rh.pdf |
| BillText | https://www.congress.gov/119/bills/hr1549/BILLS-119hr1549ih.pdf |
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