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H.R. 1549 · 119th Congress

China Financial Threat Mitigation Act of 2025

Introduced Feb 24, 2025Policy area: Finance and Financial Sector

Read the textOn Congress.gov

Status: Passed House

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Law

Latest action

: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summary

China Financial Threat Mitigation Act of 2025

This bill requires the Department of the Treasury, in consultation with specified federal financial agencies, to report on the exposure of the United States to the activity of China's financial sector.

  • The report must include
  • the effects that risks in China's financial sector have on U.S. and global financial systems,
  • a description of the policies the United States is adopting to protect U.S. financial stability,
  • a description and evaluation of the reliability of Chinese economic data, and
  • recommendations for additional actions to strengthen international cooperation to mitigate risks and protect U.S. interests.

Summary by the Congressional Research Service.

Actions

  1. Senate

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

  2. House

    Motion to reconsider laid on the table Agreed to without objection.

  3. House

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

  4. House

    DEBATE - The House proceeded with forty minutes of debate on H.R. 1549.

  5. House

    Considered under suspension of the rules. (consideration: CR H3620-3621)

  6. House

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

  7. House

    Placed on the Union Calendar, Calendar No. 11.

  8. House

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

  9. House

    Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 0.

  10. House

    Committee Consideration and Mark-up Session Held

  11. House

    Referred to the House Committee on Financial Services.

  12. Introduced in House