The record

LegislationLegislation· May 2023
HR 1156

Sponsored by Abigail Davis Spanberger (D)

China Financial Threat Mitigation Act of 2023

Would have required Treasury to study how China's financial sector affects US financial stability.

Tradeoff

Would have required a Treasury report on China's financial sector and its risks to US and global markets. Would have made the report public, with only an optional classified annex kept secret.

What's in it

See official bill text
H.R. 1156, China Financial Threat Mitigation Act of 2023www.cbo.gov/publication/59011 · Mar 2023

The House passed this bill 400-5 on May 22, 2023. The Senate never voted on it before the bill expired.

  1. House

    Introduced

    (Feb 24, 2023)

  2. House

    Committee on Financial Services(Feb 24, 2023)

  3. House

    The Committee on Financial Services voted to send it to the floor

    Reported 40 - 0(Feb 28, 2023)

    Committee report H. Rept. 118-72.

  4. House

    On Motion to and Pass, as Amended

    Passed(Roll #229 · May 22, 2023)

    400 yeanay 5

  5. Senate

    Received from the House

    on Banking, Housing, and Urban Affairs(May 30, 2023)

Passage votes· May 22, 2023· 118th Congress · 2023–2025