The record

LegislationLegislation· Jul 2025
HR 1549 Passed House — in Senate

Sponsored by Roger Williams (R)

China Financial Threat Mitigation Act of 2025

Requires Treasury to report on financial risks from China's economy to the U.S.

Tradeoff

Orders a Treasury study on China's financial sector exposure, due within one year. No funding or budget impact specified in the bill.

What's in it

See official bill text

Costs $1 million over the 2025-2030 period, with negligible impact on federal revenues.

The $1 million is the federal administrative cost to conduct a study and report on China's financial threat; the policy itself creates a reporting requirement with minimal enforcement overhead and no direct federal spending on programs or benefits.

H.R. 1549, China Financial Threat Mitigation Act of 2025 · Apr 2025

Passed the House by on July 23, 2025 — sitting in the Senate.

  1. House

    Introduced

    (Feb 24, 2025)

  2. House

    Committee on Financial Services(Feb 24, 2025)

  3. House

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

    Reported 49 - 0(Mar 5, 2025)

    Committee report H. Rept. 119-21.

  4. House

    Passage of the bill

    Passed by (Jul 23, 2025)

    No individual votes were recorded.

  5. Senate

    Received from the House

    on Banking, Housing, and Urban Affairs(Jul 24, 2025)