Federal · H.R. 1156 · 118th Congress
China Financial Threat Mitigation Act
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.
First two sentences of the Congressional Research Service's summary · Congress.gov ↗
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.
Passed the House on May 22, 2023. Waiting on the Senate.
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First two sentences of the Congressional Research Service's summary · Congress.gov ↗. A plain-words version comes later. Official page ↗
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Latest final vote: Passed · U.S. House · May 22, 2023
Official record ↗Constitution
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All votes
U.S. House · May 22, 2023 · Final passage
On Motion to Suspend the Rules and Pass, as Amended · Passed
Official record ↗By party
| Party | Yes | No | Present | Not voting |
|---|---|---|---|---|
| Republican | 172 | 4 | 0 | 9 |
| Democratic | 163 | 0 | 0 | 14 |
| Democrat | 4 | 0 | 0 | 2 |
| Independent | 1 | 0 | 0 | 0 |
By state (48)
| State | Yes | No | Present | Not voting |
|---|---|---|---|---|
| AL | 5 | 0 | 0 | 1 |
| AR | 4 | 0 | 0 | 0 |
| AZ | 4 | 2 | 0 | 1 |
| CA | 45 | 0 | 0 | 6 |
| CO | 4 | 0 | 0 | 1 |
| CT | 5 | 0 | 0 | 0 |
| DE | 1 | 0 | 0 | 0 |
| FL | 23 | 0 | 0 | 1 |
| GA | 11 | 0 | 0 | 0 |
| HI | 2 | 0 | 0 | 0 |
| IA | 4 | 0 | 0 | 0 |
| ID | 1 | 0 | 0 | 1 |
| IL | 14 | 0 | 0 | 3 |
| IN | 7 | 0 | 0 | 0 |
| KS | 3 | 0 | 0 | 0 |
| KY | 5 | 1 | 0 | 0 |
| LA | 4 | 0 | 0 | 1 |
| MA | 6 | 0 | 0 | 3 |
| MD | 5 | 0 | 0 | 0 |
| ME | 2 | 0 | 0 | 0 |
| MI | 11 | 0 | 0 | 1 |
| MN | 7 | 0 | 0 | 0 |
| MO | 5 | 0 | 0 | 1 |
| MS | 3 | 0 | 0 | 1 |
| MT | 1 | 0 | 0 | 0 |
| NC | 9 | 0 | 0 | 0 |
| NE | 3 | 0 | 0 | 0 |
| NH | 1 | 0 | 0 | 0 |
| NJ | 9 | 0 | 0 | 0 |
| NM | 3 | 0 | 0 | 0 |
| NV | 4 | 0 | 0 | 0 |
| NY | 20 | 0 | 0 | 0 |
| OH | 13 | 0 | 0 | 0 |
| OK | 5 | 0 | 0 | 0 |
| OR | 4 | 0 | 0 | 0 |
| PA | 15 | 0 | 0 | 0 |
| RI | 1 | 0 | 0 | 0 |
| SC | 5 | 1 | 0 | 0 |
| SD | 1 | 0 | 0 | 0 |
| TN | 7 | 0 | 0 | 1 |
| TX | 32 | 0 | 0 | 1 |
| UT | 3 | 0 | 0 | 0 |
| VA | 6 | 0 | 0 | 1 |
| VT | 1 | 0 | 0 | 0 |
| WA | 8 | 0 | 0 | 0 |
| WI | 6 | 0 | 0 | 1 |
| WV | 1 | 0 | 0 | 0 |
| WY | 1 | 0 | 0 | 0 |
The breakdown counts the 369 members whose positions are loaded; the totals above are the official record's.
Party is as each member's record lists it. Counts are of recorded positions, nothing more.
Every member's vote
369 members, by last name.
From the official record of each vote. A member who left office keeps their recorded position; their page shows the years they served.
Money
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History
- May 22, 2023U.S. House: On Motion to Suspend the Rules and Pass, as Amended · Passed ↗
Recorded votes on this bill and the final action, as their sources record them. Committee and other steps without a recorded vote aren't listed; the official page has every action.
Final action
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From Congress.gov's record of the bill's actions.
Full text
Official 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.
Source ↗