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Fortifying US Markets: Advisory Committee on China-Taiwan Economic Fallout.

This act establishes an advisory committee to study and report on the economic impact of potential Chinese military aggression towards Taiwan on US financial markets. Its purpose is to prepare for and mitigate economic strain and market volatility, aiming to protect citizens' savings and financial stability. The committee will advise on strategies to limit negative economic consequences.
Key points
Creation of an advisory committee to assess economic risks from Chinese actions towards Taiwan.
The committee will study impacts on US markets, banking, and financial systems, and develop government recommendations.
Annual public reports will detail market vulnerabilities and action plans, enhancing financial transparency and security.
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Introduced
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Additional Information
Print number: 119_HR_3197
Sponsor: Rep. Nunn, Zachary [R-IA-3]
Process start date: 2025-05-05
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Fortifying U.S. Markets From Chinese Military Aggression Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3197.

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 2025-05-05.

What are the main provisions?

Key points include:

  • Creation of an advisory committee to assess economic risks from Chinese actions towards Taiwan.
  • The committee will study impacts on US markets, banking, and financial systems, and develop government recommendations.
  • Annual public reports will detail market vulnerabilities and action plans, enhancing financial transparency and security.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Nunn, Zachary [R-IA-3].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Economy Security