118th Congress > House > Vote 228

Date: May 22, 2023

Result: 400-5 (Passed)

Clerk session vote number: 229

Sponsor: SPANBERGER, Abigail (D-VA)

Bill number: HR1156

Question: On Motion to Suspend the Rules and Pass, as Amended

Description: China Financial Threat Mitigation Act

Bill summary:

China Financial Threat Mitigation Act of 2023

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 the reforms to 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. interests,
  • a description and analysis of any risks presented by China to the financial stability of the United States and the global economy, and
  • recommendations for additional actions to strengthen international cooperation to mitigate risks and protect U.S. interests.


Bill titles: To require the Secretary of the Treasury to conduct a study and report on the exposure of the United States to the financial sector of the People's Republic of China, and for other purposes.

Links for more info on the vote: congress.gov

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