Congress·Passed House·H.R. 1549

China Financial Threat Mitigation Act of 2025

China: Study of Financial Risks to the U.S.

Jul 24, 2025·View on Congress.gov·Read full text

Next up: The SenateNo action in 11 months

The Senate must act next: Senate consideration, where most legislation needs 60 votes to advance.

Legislative Progress

✓ House

Senate

President

Law

Likely to pass

This bill already passed the House and addresses a topic with broad support from both parties. Since it only asks for a study rather than new taxes or spending, it has a good chance in the Senate.

Key Points

This bill requires the Treasury Department to study China's financial system. The goal is to see if problems in China's banks or markets could cause a financial crisis that hurts the United States economy.
The government will check if the economic data coming out of China is actually true and reliable. This helps American leaders make better decisions based on real facts instead of potentially false information.
The Treasury Secretary will have one year to finish this study. They will work with other groups like the Federal Reserve and the State Department to get a complete picture of the situation.
Once the study is done, the government must share the findings with the public on a website. This ensures that regular people and businesses can see what the risks are to their own finances.
The report will also include ideas on how the U.S. can work with other countries to stop financial problems before they spread. This is meant to keep the global economy stable and protect American interests.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

4 milestones13 actions

Jul 24, 2025Senate

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

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

Jul 23, 2025House

Motion to reconsider laid on the table Agreed to without objection.

Jul 23, 2025House

On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3620)

The House fast-tracked this bill — limited debate, no amendments allowed, but needs two-thirds support to pass.

Jul 23, 2025

Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3620)

The House fast-tracked this bill — limited debate, no amendments allowed, but needs two-thirds support to pass.

Jul 23, 2025House

DEBATE - The House proceeded with forty minutes of debate on H.R. 1549.

No votes, news coverage, or related bills recorded for this bill yet.

Source Information

Document Type

Congressional Bill

Official Title

China Financial Threat Mitigation Act of 2025

Bill NumberHR 1549

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Cosponsors

(2)

D: 1R: 1

Analysis generated by AI. Always verify with official sources.