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Bill > HR1531
US HR1531
US HR1531Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act PROTECT Taiwan Act
summary
Introduced
02/24/2025
02/24/2025
In Committee
09/16/2025
09/16/2025
Crossed Over
02/11/2026
02/11/2026
Passed
Dead
Introduced Session
119th Congress
Bill Summary
AN ACT To direct certain financial regulators to exclude representatives of the People’s Republic of China from certain banking organizations upon notice of certain threats or danger, and for other purposes.
AI Summary
This bill, known as the PROTECT Taiwan Act, establishes a policy for the United States to exclude representatives of the People's Republic of China from certain international financial organizations if the President determines that China's actions pose a threat to Taiwan's security or social or economic system, and consequently, a danger to U.S. interests. These organizations include the Group of Twenty (G20), the Bank for International Settlements, the Financial Stability Board, the Basel Committee on Banking Supervision, the International Association of Insurance Supervisors, and the International Organization of Securities Commissions. The Secretary of the Treasury, the Federal Reserve Board of Governors, and the Securities and Exchange Commission are directed to take steps to implement this policy. The President can waive this exclusion if it's deemed in the U.S. national interest and reported to Congress with an explanation. This act will automatically expire five years after its enactment or 30 days after the President notifies Congress that its termination is in the national interest.
Committee Categories
Business and Industry, Government Affairs
Sponsors (3)
Last Action
Received in the Senate and Read twice and referred to the Committee on Foreign Relations. (on 02/11/2026)
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/1531/all-info |
| BillText | https://www.congress.gov/119/bills/hr1531/BILLS-119hr1531eh.pdf |
| BillText | https://www.congress.gov/119/bills/hr1531/BILLS-119hr1531rh.pdf |
| BillText | https://www.congress.gov/119/bills/hr1531/BILLS-119hr1531ih.pdf |
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