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H.R. 1156 118th Congress House

China Financial Threat Mitigation Act of 2023

Official title: 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.

Introduced: March 17, 2023 See on congress.gov
Finance and Financial Sector AsiaChinaCongressional oversightFinancial crises and stabilization
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 14 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 30, 2023
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 22, 2023
Motion to reconsider laid on the table Agreed to without objection.
May 22, 2023
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 400 - 5 (Roll no. 229). (text: CR H2471)
May 22, 2023
Considered as unfinished business. (consideration: CR H2483-2484)
May 22, 2023
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
May 22, 2023
DEBATE - The House proceeded with forty minutes of debate on H.R. 1156.
May 22, 2023
Considered under suspension of the rules. (consideration: CR H2471-2472)
May 22, 2023
Mr. Luetkemeyer moved to suspend the rules and pass the bill, as amended.
May 22, 2023
Placed on the Union Calendar, Calendar No. 52.
May 22, 2023
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-72.
Feb 28, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 40 - 0.
Feb 28, 2023
Committee Consideration and Mark-up Session Held.
Feb 24, 2023
Referred to the House Committee on Financial Services.
Feb 24, 2023
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
May 22, 2023 House · vote #229 On Motion to Suspend the Rules and Pass, as Amended Passed 400–5 See who voted →
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 Latest action May 30, 2023

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

 Plain-English summary Congressional Research Service

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 text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 4
All 4 Democratic 2 Republican 2
D
Lee, Susie
Nevada · Mar 17, 2023
 D
Ryan, Patrick
New York · Mar 17, 2023
 R
Lawler, Michael
New York · Feb 27, 2023
 R
Williams, Roger
Texas · Feb 24, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1156: China Financial Threat Mitigation Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-HR-1156/
MLA
"H.R. 1156: China Financial Threat Mitigation Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-1156/.
Bluebook (legal)
H.R. 1156, 118th Cong. (2026), https://openamerica.io/bill/118-HR-1156/.
Markdown link
[H.R. 1156: China Financial Threat Mitigation Act of 2023](https://openamerica.io/bill/118-HR-1156/)
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