Taiwan Non-Discrimination Act of 2025
Sen. McCormick Leads Bipartisan Push to Get Taiwan Into the International Monetary Fund
The Taiwan Non-Discrimination Act of 2025 has been approved by the Senate Foreign Relations Committee and is now waiting for a vote by the full Senate. It is currently listed on the Senate legislative calendar. The bill is actively moving forward as it awaits further action from the Senate.
Passage Likelihood
Legislative Progress
Key Points
- This bill directs the U.S. representative at the International Monetary Fund to actively push for Taiwan's admission as a member. The U.S. would use its voting power and influence to support Taiwan joining, as long as Taiwan itself is seeking membership.
- Congress highlights that Taiwan is a major global economy and U.S. trading partner, with more foreign reserves than many larger IMF member countries, making its exclusion from the IMF a gap in global financial cooperation.
From policy text
“Taiwan is the 21st largest economy in the world and the 10th largest goods trading partner of the United States.”
View in full text - Beyond membership, the bill pushes for Taiwan to participate in IMF economic reviews, for Taiwanese nationals to have fair access to IMF jobs, and for Taiwan to receive technical assistance and training from the Fund.
From policy text
“participation by Taiwan in regular surveillance activities of the Fund with respect to the economic and financial policies of Taiwan, consistent with Article IV consultation procedures of the Fund”
View in full text - The Secretary of the Treasury must report to Congress for seven years on what the U.S. is doing to help Taiwan participate in international financial institutions. The overall mandate sunsets after 10 years or when Taiwan is admitted.
From policy text
“This section shall have no force or effect on the earlier of-- (1) the date of approval by the Board of Governors of the Fund for the admission of Taiwan as a member of the Fund; or (2) the date that is 10 years after the date of the enactment of this Act.”
View in full text - The bill includes a waiver allowing the Treasury Secretary to pause the requirements for up to one year at a time, if doing so would better promote Taiwan's meaningful participation in international financial institutions overall.
From policy text
“The Secretary of the Treasury may waive any requirement of subsection (a) for up to 1 year at a time on reporting to Congress that providing the waiver will substantially promote the objective of securing the meaningful participation of Taiwan at each international financial institution”
View in full text
Milestones
Placed on Senate Legislative Calendar under General Orders. Calendar No. 100.
The bill is now on the schedule for the full chamber to consider. It's in line for debate and a vote.
Committee on Foreign Relations. Reported by Senator Risch without amendment. Without written report.
The committee approved this bill and is sending it to the full chamber for a vote. This is a significant step — most bills never get this far.
Committee on Foreign Relations. Ordered to be reported without amendment favorably.
The committee approved this bill and is sending it to the full chamber for a vote. This is a significant step — most bills never get this far.
Read twice and referred to the Committee on Foreign Relations.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Related News
6 articles
US House passes bill backing Taiwan's IMF entry
The US House of Representatives unanimously passed the Taiwan Non-Discrimination Act of 2025, which directs the US Treasury to support Taiwan's inclusion in the IMF. Supporters argue Taiwan's 21st-largest economy and massive foreign reserves justify its membership despite Chinese opposition.
US House passes bill to support Taiwan rejoining IMF
The House passed H.R. 910, requiring the US governor to the IMF to 'vigorously support' Taiwan's admission. Rep. Young Kim stated that the free world needs Taiwan at the IMF, noting its role as a producer of 90% of advanced semiconductors.
Senators Introduce Taiwan Non-Discrimination Act to Support IMF Participation
A bipartisan group of Senators, including Dave McCormick and Jacky Rosen, introduced the Senate version of the Taiwan Non-Discrimination Act. The bill seeks to ensure Taiwan can participate in IMF economic surveillance and receive technical training.
Related Bills
1 billSource Information
Document Type
Congressional Bill
Official Title
Taiwan Non-Discrimination Act of 2025
Data Sources
Sponsor
Cosponsors
(6)Analysis generated by AI. Always verify with official sources.