Bill · H.R. 3197· House(119-HR-3197)

Fortifying U.S. Markets From Chinese Military Aggression Act

Age: 47 years

Iowa

Introduced: 5/5/2025
Last activity: 5/5/2025 — Referred to the House Committee on Financial Services.
Sponsored by: Zachary Nunn
Cosponsors: - 12 - 6

International Affairs

Introduced
In Committee

What this bill would do

This bill, called the "Fortifying U.S. Markets From Chinese Military Aggression Act," aims to create an Advisory Committee to study and report on the economic fallout from potential Chinese military actions against Taiwan. The committee will focus on market implications, vulnerabilities, and communication between relevant parties. The bill also requires an annual public report detailing market vulnerabilities and recommending actions to make U.S. capital markets more resilient.

Potential Positive Impacts for People

The creation of an Advisory Committee on Economic Fallout From Chinese Military Aggression Towards Taiwan (SEC. 2) could help the U.S. prepare for and mitigate economic strain and market volatility related to potential Chinese aggression in Taiwan. This preparation could protect the financial well-being of individuals by stabilizing markets.
The annual report (SEC. 2(l)) detailing market vulnerabilities and recommending actions for regulators could make U.S. capital markets more resilient against market shocks and volatility. This resilience would help to secure investments and retirement funds of individuals.

Potential Negative Impacts for People

There are no explicitly stated negative impacts for people in the provided sections of the bill.

Yes· 3 of 15

Does this strengthen ties with allied countries?+3
The bill implicitly supports Taiwan, strengthening alliances.
Does this give the federal government more power?+2
The bill increases federal power by establishing an advisory committee.
Does this make what the government does easier for the public to see?+2
The bill mandates a public report, increasing transparency.