H.R.1549 - China Financial Threat Mitigation Act of 2025 (119th Congress)
Summary
H.R.1549, the China Financial Threat Mitigation Act of 2025, directs the Secretary of the Treasury to conduct a study and report on the exposure of the United States to the financial sector of the People's Republic of China. The report must include an assessment of risks, a description of US policies to protect financial stability, an evaluation of Chinese economic data, and recommendations for additional actions. The report is to be transmitted to relevant congressional committees and international organizations, and published on the Treasury's website.
Expected Effects
The bill aims to enhance the understanding of potential financial risks emanating from China and to inform policy decisions to mitigate these risks. It will likely lead to increased scrutiny of financial interactions between the US and China. The study and report could influence future legislation and international agreements related to financial regulations and trade.
Potential Benefits
- Enhanced understanding of financial risks posed by China.
- Informed policy decisions regarding US-China financial relations.
- Strengthened international cooperation to mitigate financial instability.
- Increased transparency of Chinese economic data.
- Protection of the US financial system from external threats.
Potential Disadvantages
- Potential for increased tensions with China.
- The report's findings could be used to justify protectionist measures.
- The study may divert resources from other important financial oversight activities.
- The report's recommendations may be difficult or costly to implement.
- The report might not accurately capture the full complexity of US-China financial relationships.
Constitutional Alignment
The bill aligns with the constitutional powers of Congress to regulate commerce with foreign nations (Article I, Section 8, Clause 3) and to provide for the common defense and general welfare of the United States (Preamble). The requirement for a report and its transmission to Congress is consistent with Congress's oversight responsibilities. There are no apparent infringements on individual liberties or rights.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).