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Fortifying U.S. Markets From Chinese Military Aggression Act

USA119th CongressHR-3197| House 
| Updated: 5/5/2025
Zachary Nunn

Zachary Nunn

Republican Representative

Iowa

Cosponsors (18)
Frank D. Lucas (Republican)Ritchie Torres (Democratic)Ed Case (Democratic)Warren Davidson (Republican)Eugene Simon Vindman (Democratic)Young Kim (Republican)William R. Timmons (Republican)Andrew R. Garbarino (Republican)Shri Thanedar (Democratic)Vicente Gonzalez (Democratic)Brad Sherman (Democratic)Mike Haridopolos (Republican)Troy Downing (Republican)Lisa C. McClain (Republican)Marlin A. Stutzman (Republican)Monica De La Cruz (Republican)Michael Lawler (Republican)Tim Moore (Republican)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill, titled the "Fortifying U.S. Markets From Chinese Military Aggression Act," amends the Financial Stability Act of 2010 to create a new advisory body. It establishes the Financial Stability Oversight Council Advisory Committee on Economic Fallout From Chinese Military Aggression Towards Taiwan . The primary purpose of this committee is to study and report on the market implications and vulnerabilities that could arise from Chinese military aggression against Taiwan. It also aims to foster communication among policymakers, government agencies, and capital market participants to prepare for and mitigate economic strain. The Advisory Committee will comprise designees from the Securities and Exchange Commission and the Commodity Futures Trading Commission, along with ten members appointed from capital markets participants or geopolitical risk experts. This committee is mandated to conduct an annual study, develop recommendations based on its findings, and present these to the Council in a public meeting. Following this, the Council itself must issue an annual public report detailing identified market vulnerabilities and specific recommendations for regulators. These recommendations are intended to make U.S. capital markets more resilient against potential shocks, volatility, and dislocation stemming from such aggression.
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Timeline

Bill from Previous Congress

HR 118-7954
Fortifying U.S. Markets From Chinese Military Aggression Act
May 5, 2025
Introduced in House
May 5, 2025
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 118-7954
    Fortifying U.S. Markets From Chinese Military Aggression Act


  • May 5, 2025
    Introduced in House


  • May 5, 2025
    Referred to the House Committee on Financial Services.

International Affairs

Fortifying U.S. Markets From Chinese Military Aggression Act

USA119th CongressHR-3197| House 
| Updated: 5/5/2025
This bill, titled the "Fortifying U.S. Markets From Chinese Military Aggression Act," amends the Financial Stability Act of 2010 to create a new advisory body. It establishes the Financial Stability Oversight Council Advisory Committee on Economic Fallout From Chinese Military Aggression Towards Taiwan . The primary purpose of this committee is to study and report on the market implications and vulnerabilities that could arise from Chinese military aggression against Taiwan. It also aims to foster communication among policymakers, government agencies, and capital market participants to prepare for and mitigate economic strain. The Advisory Committee will comprise designees from the Securities and Exchange Commission and the Commodity Futures Trading Commission, along with ten members appointed from capital markets participants or geopolitical risk experts. This committee is mandated to conduct an annual study, develop recommendations based on its findings, and present these to the Council in a public meeting. Following this, the Council itself must issue an annual public report detailing identified market vulnerabilities and specific recommendations for regulators. These recommendations are intended to make U.S. capital markets more resilient against potential shocks, volatility, and dislocation stemming from such aggression.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

HR 118-7954
Fortifying U.S. Markets From Chinese Military Aggression Act
May 5, 2025
Introduced in House
May 5, 2025
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 118-7954
    Fortifying U.S. Markets From Chinese Military Aggression Act


  • May 5, 2025
    Introduced in House


  • May 5, 2025
    Referred to the House Committee on Financial Services.
Zachary Nunn

Zachary Nunn

Republican Representative

Iowa

Cosponsors (18)
Frank D. Lucas (Republican)Ritchie Torres (Democratic)Ed Case (Democratic)Warren Davidson (Republican)Eugene Simon Vindman (Democratic)Young Kim (Republican)William R. Timmons (Republican)Andrew R. Garbarino (Republican)Shri Thanedar (Democratic)Vicente Gonzalez (Democratic)Brad Sherman (Democratic)Mike Haridopolos (Republican)Troy Downing (Republican)Lisa C. McClain (Republican)Marlin A. Stutzman (Republican)Monica De La Cruz (Republican)Michael Lawler (Republican)Tim Moore (Republican)

Financial Services Committee

International Affairs

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted