In Senate Committee·Last action 293 days ago

Treasury must publicly report U.S. financial exposure to China-related risks

Officially: China Financial Threat Mitigation Act of 2025

Treasury must study how risks in China’s financial sector could spill over into U.S. and global financial stability. It has to publish an unclassified report within one year of enactment, with an optional classified annex for sensitive details.

Where it stands

Sitting in Banking

No vote scheduled. Constituent contact is what moves bills out of committee.

What this bill actually does

Orders the Secretary of the Treasury to study how exposed the United States is to risks coming from the People’s Republic of China’s financial sector.
Makes Treasury work in consultation with the Federal Reserve Board, the Securities and Exchange Commission, the Commodity Futures Trading Commission, and the Secretary of State.
Requires Treasury to analyze how big problems in China’s financial sector could spill over into U.S. financial stability and the global financial system.

↓ Why your message matters here

This bill is sitting in committee with no scheduled vote — which means a small number of constituent messages can decide whether it moves forward or quietly dies.

Where your representatives stand

Enter your ZIP to see how your senators and member of Congress have voted, sponsored, or spoken on this bill.

The debate

What people are saying about this bill

✓Arguments in support

Supporters argue that the bill is necessary to protect the U.S. economy from potential manipulation by China's financial practices.
They believe that increased scrutiny of Chinese investments will prevent undue influence over critical American industries.
Advocates say that the task force will provide valuable insights and strategies to counter financial threats, ensuring economic stability.

✕Arguments against

Critics argue that the bill could strain U.S.-China relations and lead to economic retaliation.
Opponents worry that increased regulations on Chinese investments might deter beneficial foreign investments in the U.S.
Some believe that the bill could lead to unnecessary government intervention in the private sector.

Where this bill is in the process

Legislative timeline

✓

Introduced

Introduced in House

—

✓

House Committee

Under House committee consideration

—

✓

House Floor Vote

Voted on by House

—

✓

Passed House

Approved by House

—

●

Senate Review

Sent to Senate for consideration

Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (7/24/2025)

JUL 24

○

Passed Both Chambers

Approved by both House and Senate

—

○

Signed into Law

Signed by the President

—

For more detail

Menu

Treasury must publicly report U.S. financial exposure to China-related risks

Where your representatives stand

What people are saying about this bill

Legislative timeline

Read deeper