Bill · H.R. 1549· House(119-HR-1549)
China Financial Threat Mitigation Act of 2025
- Introduced
- 2/24/2025
- Last activity
- 7/24/2025 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Roger Williams
- Cosponsors
- - 1 - 1
- Introduced
- Passed House
- In Senate committee
What this bill would do
This bill, known as the "China Financial Threat Mitigation Act of 2025," directs the Secretary of the Treasury to conduct a specific study. The study focuses on how much the United States is exposed to the financial sector of the People's Republic of China. The Secretary must consult with several financial and state officials to complete this task. The report must assess risks to the U.S. and global financial systems and describe current government policies. Additionally, it must evaluate the reliability of Chinese economic data and provide recommendations for future actions. The final report must be shared with specific House and Senate committees and published on the Department of the Treasury website.
Yes· 3 of 7
Does this strengthen ties with allied countries?+1
The bill encourages strengthening international cooperation to monitor financial risks.
Does this favour talking over confrontation abroad?+1
The report aims to aid US representatives in international organizations to protect interests.
Does this make trade with other countries easier?+1
Understanding financial exposure can better inform trade stability and security.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Risk Assessment: The Secretary will assess the effects of significant risks in China's financial sector on the United States and global financial systems (Section 2(a)(1)). This could help protect the financial stability of the people by identifying potential threats.
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Policy Protection: The report requires a description of policies the United States Government is using to protect financial stability (Section 2(a)(2)). This provides a look at how the government intends to safeguard the economy.
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Data Evaluation: The study includes an evaluation of the transparency and reliability of Chinese economic data (Section 2(a)(3)). Understanding if economic data is complete or reliable can help the public and officials make better informed decisions.
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International Cooperation: The bill asks for recommendations on how the United States can strengthen international cooperation to monitor and mitigate financial stability risks (Section 2(a)(4)). This could lead to better protection of United States interests.
Potential Negative Impacts for People
- No specific negative impacts are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- National Security And Foreign Policy
- Improves Diplomatic Engagement+1Improves International Alliances+1Improves International Trade+1
- Economy And Finance
- Improves Economic Growth+1Improves Fiscal Responsibility+1
- Governance And Ideology
- Improves Government Transparency+1Increases Federal Power+1
- 7/24/2025
- Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 7/23/2025
- Motion to reconsider laid on the table Agreed to without objection.
- 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)
- On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3620)
- DEBATE - The House proceeded with forty minutes of debate on H.R. 1549.
- Considered under suspension of the rules. (consideration: CR H3620-3621)
- Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
- 3/21/2025
- Reported (Amended) by the Committee on Financial Services. H. Rept. 119-21.
- Placed on the Union Calendar, Calendar No. 11.
- 3/10/2025
- 1 Cosponsor added.
- 3/5/2025
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 0.
- 2/24/2025
- Referred to the House Committee on Financial Services.
- 1 Cosponsor added.
- Introduced in House
Josh GottheimerDemocrat · New Jersey
Michael LawlerRepublican · New York