HR-1156 : Still Just a Bill


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.

Action Timeline

Action DateTypeTextSource
2023-05-30IntroReferralReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2023-05-22FloorMotion to reconsider laid on the table Agreed to without objection.House floor actions
2023-05-22VoteOn 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)House floor actions
2023-05-22FloorConsidered as unfinished business. (consideration: CR H2483-2484)House floor actions
2023-05-22FloorAt 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.House floor actions
2023-05-22FloorDEBATE - The House proceeded with forty minutes of debate on H.R. 1156.House floor actions
2023-05-22FloorConsidered under suspension of the rules. (consideration: CR H2471-2472)House floor actions
2023-05-22FloorMr. Luetkemeyer moved to suspend the rules and pass the bill, as amended.House floor actions
2023-05-22CalendarsPlaced on the Union Calendar, Calendar No. 52.House floor actions
2023-05-22CommitteeReported (Amended) by the Committee on Financial Services. H. Rept. 118-72.House floor actions
2023-02-28CommitteeOrdered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 40 - 0.House committee actions
2023-02-28CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2023-02-24IntroReferralReferred to the House Committee on Financial Services.House floor actions
2023-02-24IntroReferralIntroduced in HouseLibrary of Congress

Policy Area :

Finance and Financial Sector
Related Subjects
  • Congressional oversight
  • Financial crises and stabilization
  • Government information and archives
  • Government studies and investigations
Related Geographic Entities
  • Asia
  • China
Related Organizations

Related Bills

See Related Bills