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HR 1531 119th Congress House International Affairs Asia Banking and financial institutions regulation China Foreign and international banking Presidents and presidential powers, Vice Presidents Sanctions Taiwan

PROTECT Taiwan Act

Introduced: February 24, 2025 Introduced by: Lucas, Frank D. Republican · Oklahoma See on congress.gov
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 Everywhere this bill has been 15 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 11, 2026
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Feb 9, 2026
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.
Feb 9, 2026
Considered under suspension of the rules. (consideration: CR H2078-2079)
Feb 9, 2026
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Feb 9, 2026
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 395 - 2 (Roll no. 58). (text: CR H2078-2079)
Feb 9, 2026
Considered as unfinished business. (consideration: CR H2082-2083)
Feb 9, 2026
Motion to reconsider laid on the table Agreed to without objection.
Feb 9, 2026
DEBATE - The House proceeded with forty minutes of debate on H.R. 1531.
Nov 25, 2025
Committee on Foreign Affairs discharged.
Nov 25, 2025
Placed on the Union Calendar, Calendar No. 338.
Nov 25, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-388, Part I.
Sep 16, 2025
Committee Consideration and Mark-up Session Held
Sep 16, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 0.
Feb 24, 2025
Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 24, 2025
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Feb 9, 2026 House · vote #58 On Motion to Suspend the Rules and Pass, as Amended Passed 395–2 See who voted →
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 Plain-English summary Congressional Research Service

Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act or the PROTECT Taiwan Act

This bill requires certain federal entities to seek to exclude China from six international financial organizations if the President informs Congress that China's actions threaten Taiwan and pose a danger to U.S. interests.

Specifically, the bill establishes that it is U.S. policy to seek to exclude Chinese representatives from participating in the activities of six international organizations if the President informs Congress that China's actions pose any (1) threat to Taiwan's security, economic system, or social system; and (2) danger to U.S. interests.

The six specified organizations are 

  • the Group of Twenty,
  • the Bank for International Settlements,
  • the Financial Stability Board,
  • the Basel Committee on Banking Supervision,
  • the International Association of Insurance Supervisors, and
  • the International Organization of Securities Commissions.

In the event that the President so informs Congress, the bill requires the Department of the Treasury, the Federal Reserve, and the Securities and Exchange Commission to take all necessary steps to advance the exclusion policy.

The President may waive the application of this policy to an organization if doing so is in the national interest of the United States.

What's happening now February 11, 2026

Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

 Hearings & markups 1
  • Various Measures
    Markup Sep 16, 2025 · 10:00 AM EDT · Financial Services Committee
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 2
All 2 Democratic 1 Republican 1
R
Lawler, Michael
New York · Sep 16, 2025
 D
Gonzalez, Vicente
Texas · Feb 24, 2025
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1531: PROTECT Taiwan Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-1531/
MLA
"H.R. 1531: PROTECT Taiwan Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-1531/.
Bluebook (legal)
H.R. 1531, 119th Cong. (2026), https://openamerica.io/bill/119-HR-1531/.
Markdown link
[H.R. 1531: PROTECT Taiwan Act](https://openamerica.io/bill/119-HR-1531/)
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