Legis Daily

China Financial Threat Mitigation Act of 2025

USA119th CongressHR-1549| House 
| Updated: 7/24/2025
Roger Williams

Roger Williams

Republican Representative

Texas

Cosponsors (2)
Josh Gottheimer (Democratic)Michael Lawler (Republican)

Financial Services Committee, Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This Act requires the Secretary of the Treasury , in consultation with key financial regulators and the Secretary of State, to conduct a comprehensive study and issue a report within one year on the United States' exposure to the financial sector of the People's Republic of China . The report must assess the effects of significant risks in China's financial sector on U.S. and global financial systems, and describe current U.S. government policies to protect financial stability. Furthermore, the study will evaluate the transparency and reliability of Chinese economic data and provide recommendations for additional U.S. government actions, including strengthening international cooperation, to mitigate financial stability risks and protect U.S. interests. The unclassified report, which may contain a classified annex, must be transmitted to relevant congressional committees and U.S. representatives at international organizations, and its unclassified portion published on the Department of the Treasury's website within the one-year deadline.

Bill Text Versions

View Text
4 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 117-3044
China Financial Threat Mitigation Act of 2021

Bill from Previous Congress

HR 118-1156
China Financial Threat Mitigation Act of 2023
Feb 24, 2025
Introduced in House
Feb 24, 2025
Referred to the House Committee on Financial Services.
Mar 5, 2025
Committee Consideration and Mark-up Session Held
Mar 5, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 0.
Mar 21, 2025
Placed on the Union Calendar, Calendar No. 11.
Mar 21, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-21.
Mar 25, 2025

Latest Companion Bill Action

S 119-1113
Introduced in Senate
Jul 23, 2025
Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
Jul 23, 2025
Considered under suspension of the rules. (consideration: CR H3620-3621: 1)
Jul 23, 2025
DEBATE - The House proceeded with forty minutes of debate on H.R. 1549.
Jul 23, 2025
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3620)
Jul 23, 2025
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3620)
Jul 23, 2025
Motion to reconsider laid on the table Agreed to without objection.
Jul 24, 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    HR 117-3044
    China Financial Threat Mitigation Act of 2021


  • Bill from Previous Congress

    HR 118-1156
    China Financial Threat Mitigation Act of 2023


  • February 24, 2025
    Introduced in House


  • February 24, 2025
    Referred to the House Committee on Financial Services.


  • March 5, 2025
    Committee Consideration and Mark-up Session Held


  • March 5, 2025
    Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 0.


  • March 21, 2025
    Placed on the Union Calendar, Calendar No. 11.


  • March 21, 2025
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-21.


  • March 25, 2025

    Latest Companion Bill Action

    S 119-1113
    Introduced in Senate


  • July 23, 2025
    Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.


  • July 23, 2025
    Considered under suspension of the rules. (consideration: CR H3620-3621: 1)


  • July 23, 2025
    DEBATE - The House proceeded with forty minutes of debate on H.R. 1549.


  • July 23, 2025
    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3620)


  • July 23, 2025
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3620)


  • July 23, 2025
    Motion to reconsider laid on the table Agreed to without objection.


  • July 24, 2025
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

AsiaChinaCongressional oversightFinancial crises and stabilizationGovernment information and archivesGovernment studies and investigations

China Financial Threat Mitigation Act of 2025

USA119th CongressHR-1549| House 
| Updated: 7/24/2025
This Act requires the Secretary of the Treasury , in consultation with key financial regulators and the Secretary of State, to conduct a comprehensive study and issue a report within one year on the United States' exposure to the financial sector of the People's Republic of China . The report must assess the effects of significant risks in China's financial sector on U.S. and global financial systems, and describe current U.S. government policies to protect financial stability. Furthermore, the study will evaluate the transparency and reliability of Chinese economic data and provide recommendations for additional U.S. government actions, including strengthening international cooperation, to mitigate financial stability risks and protect U.S. interests. The unclassified report, which may contain a classified annex, must be transmitted to relevant congressional committees and U.S. representatives at international organizations, and its unclassified portion published on the Department of the Treasury's website within the one-year deadline.

Bill Text Versions

View Text
4 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 117-3044
China Financial Threat Mitigation Act of 2021

Bill from Previous Congress

HR 118-1156
China Financial Threat Mitigation Act of 2023
Feb 24, 2025
Introduced in House
Feb 24, 2025
Referred to the House Committee on Financial Services.
Mar 5, 2025
Committee Consideration and Mark-up Session Held
Mar 5, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 0.
Mar 21, 2025
Placed on the Union Calendar, Calendar No. 11.
Mar 21, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-21.
Mar 25, 2025

Latest Companion Bill Action

S 119-1113
Introduced in Senate
Jul 23, 2025
Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
Jul 23, 2025
Considered under suspension of the rules. (consideration: CR H3620-3621: 1)
Jul 23, 2025
DEBATE - The House proceeded with forty minutes of debate on H.R. 1549.
Jul 23, 2025
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3620)
Jul 23, 2025
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3620)
Jul 23, 2025
Motion to reconsider laid on the table Agreed to without objection.
Jul 24, 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    HR 117-3044
    China Financial Threat Mitigation Act of 2021


  • Bill from Previous Congress

    HR 118-1156
    China Financial Threat Mitigation Act of 2023


  • February 24, 2025
    Introduced in House


  • February 24, 2025
    Referred to the House Committee on Financial Services.


  • March 5, 2025
    Committee Consideration and Mark-up Session Held


  • March 5, 2025
    Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 0.


  • March 21, 2025
    Placed on the Union Calendar, Calendar No. 11.


  • March 21, 2025
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-21.


  • March 25, 2025

    Latest Companion Bill Action

    S 119-1113
    Introduced in Senate


  • July 23, 2025
    Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.


  • July 23, 2025
    Considered under suspension of the rules. (consideration: CR H3620-3621: 1)


  • July 23, 2025
    DEBATE - The House proceeded with forty minutes of debate on H.R. 1549.


  • July 23, 2025
    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3620)


  • July 23, 2025
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3620)


  • July 23, 2025
    Motion to reconsider laid on the table Agreed to without objection.


  • July 24, 2025
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Roger Williams

Roger Williams

Republican Representative

Texas

Cosponsors (2)
Josh Gottheimer (Democratic)Michael Lawler (Republican)

Financial Services Committee, Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
AsiaChinaCongressional oversightFinancial crises and stabilizationGovernment information and archivesGovernment studies and investigations