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Study on China's Financial Sector Impact on US Economy

This act requires the U.S. Treasury Department to conduct a study and report on the exposure of the United States to China's financial sector. This aims to assess risks to financial stability and protect U.S. interests, indirectly impacting citizens' financial security through economic stability.
Key points
The U.S. Treasury will study how China's financial sector affects the U.S. and global economies.
The report will identify risks to U.S. and global financial stability and propose protective measures.
The study's findings will be publicly available, increasing transparency and awareness of potential threats.
article Official text account_balance Process page
VOTING RESULTS
2023-05-22
99%
For 400
Against 5
Abstain 0
Full voting results open_in_new
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_1156
Sponsor: Rep. Spanberger, Abigail Davis [D-VA-7]
Process start date: 2023-02-24
Voting date: 2023-05-22
Meeting no: 1
Voting no: 229
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

China Financial Threat Mitigation Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_1156.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-02-24.

What are the main provisions?

Key points include:

  • The U.S. Treasury will study how China's financial sector affects the U.S. and global economies.
  • The report will identify risks to U.S. and global financial stability and propose protective measures.
  • The study's findings will be publicly available, increasing transparency and awareness of potential threats.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Where is the official voting record?

The official roll call vote is recorded at: voting record

Who is the primary sponsor?

The primary sponsor is Rep. Spanberger, Abigail Davis [D-VA-7].

What is the latest detailed status?

The latest detailed status is: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 400 - 5 (Roll no. 229). (text: CR H2471)

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Economy Security