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HR 1549 Passed a chamber

Requires the Treasury Department to study and report to Congress on how exposed the United States is to financial risks in China, including the reliability of Chinese economic data.

Official title: China Financial Threat Mitigation Act of 2025

Next stop Senate: awaiting action
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced 24-FEB-2025
Referred 24-FEB-2025
Approved by committee 05-MAR-2025
Reported 21-MAR-2025
On the calendar 21-MAR-2025
Passed 23-JUL-2025
Senate
Received 24-JUL-2025
Key points
  • Requires the Treasury Secretary, working with the Federal Reserve, SEC, CFTC, and State Department, to complete the report within one year of enactment
  • Covers risks in China's financial sector, U.S. policies to protect against them, and the transparency and reliability of Chinese economic data
  • Requires recommendations for international cooperation to monitor and reduce financial stability risks
  • Requires the report to be unclassified, with a possible classified annex, and published on the Treasury website
AI-generated from the Referred in Senate text of 24-JUL-2025 · verify · report an error
Official CRS summary

Covers an older version. The newest CRS summary describes the bill as of "Introduced in House" (24-FEB-2025); the text has changed since (Engrossed in House, 23-JUL-2025).

CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov
Committee referrals (2) Policy area

Finance and Financial Sector

Sponsor Roger Williams (R-TX) Cosponsors · 2
■ 1 R■ 1 D
1 Democrat
1 Republican