HR 1156
118th Congress
House
Finance and Financial Sector
Asia
China
Congressional oversight
Financial crises and stabilization
Government information and archives
Government studies and investigations
China Financial Threat Mitigation Act of 2023
Introduced: February 24, 2023
See on congress.gov
Everywhere this bill has been
15 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
Passed/agreed to in House: 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
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| May 22, 2023 | House · vote #229 | On Motion to Suspend the Rules and Pass, as Amended | Passed | 400–5 | See who voted → |
Plain-English 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.
What's happening now
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
2