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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 financial sector of China. 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.

Senate Actions

IntroReferral
May. 30 2023	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

House floor actions Actions

Floor

May. 22
2023

Motion to reconsider laid on the table Agreed to without objection.
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)
Considered as unfinished business. (consideration: CR H2483-2484)
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.
DEBATE - The House proceeded with forty minutes of debate on H.R. 1156.
Considered under suspension of the rules. (consideration: CR H2471-2472)
Mr. Luetkemeyer moved to suspend the rules and pass the bill, as amended.

Calendars
May. 22 2023	Placed on the Union Calendar, Calendar No. 52.

Committee
May. 22 2023	Reported (Amended) by the Committee on Financial Services. H. Rept. 118-72.

IntroReferral
Feb. 24 2023	Referred to the House Committee on Financial Services.

Library of Congress Actions

Floor
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)

Committee
May. 22 2023	Reported (Amended) by the Committee on Financial Services. H. Rept. 118-72.

IntroReferral
Feb. 24 2023	Introduced in House Introduced in House

House committee actions Actions

Committee
Feb. 28 2023	Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 40 - 0. Committee Consideration and Mark-up Session Held.

House bill HR1156-118

China Financial Threat Mitigation Act of 2023

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