H.R. 1549: China Financial Threat Mitigation Act of 2025

This bill, titled the "China Financial Threat Mitigation Act of 2025," outlines a plan for the United States to assess its financial exposure to China. Here are the main components:

Purpose of the Bill

The main aim is to understand how risks in China's financial sector could impact the United States and the global financial system. This includes studying potential ramifications of significant financial issues arising in China.

Requirements of the Bill

• The Secretary of the Treasury is tasked with conducting a study within one year of the bill's enactment.
• This study must be performed in consultation with key financial leaders, including:
  • The Chairman of the Board of Governors of the Federal Reserve System
  • The Chairman of the Securities and Exchange Commission
  • The Chairman of the Commodity Futures Trading Commission
  • The Secretary of State

Study Components

The study will cover several critical areas:

• Assessment of Risks: Evaluating how significant risks in China's financial sector can affect the United States and the global financial system.
• U.S. Government Policies: Describing the policies being implemented by the U.S. Government to safeguard financial stability against risks identified in the study.
• Evaluation of Chinese Economic Data: Describing and assessing the transparency, completeness, and reliability of economic data coming from China.
• Recommendations: Offering suggestions for further actions the U.S. government can take, including recommendations for U.S. representatives in international organizations, to improve international cooperation in monitoring and mitigating financial risks.

Reporting and Publication

• The Secretary of the Treasury must submit the report to various congressional committees, including:
  • Committees on Financial Services and Foreign Affairs of the House of Representatives
  • Committees on Banking, Housing, and Urban Affairs and Foreign Relations of the Senate
• The report is required to be unclassified but may include a classified annex.
• The final report must be published on the Department of the Treasury's website within one year of the bill's enactment.

Overall Impact

This bill seeks to enhance understanding and management of financial risks posed by China, aiming for stronger measures to protect U.S. interests and promote global financial stability.

Relevant Companies

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