Congressional Legislation · bill 119hr1531 · built from our database

Both sides have signed this (Bill Ranking)

PROTECT Taiwan Act

H.R. 1531 · 119th Congress (2025-2026)

H.R. 1531119TH CONGRESSINTRODUCED 02/24/2025REP. LUCASR-OK · SPONSORLeft: no (Sponsor Ranking)Lean left: no (Sponsor Ranking)Center: no (Sponsor Ranking)Lean right: DW-NOMINATE +0.36 (Sponsor Ranking)Right: no (Sponsor Ranking)LEAN RIGHT(SPONSOR RANKING)INTERNATIONAL AFFAIRS

3 members · Left 1 · Center 1 · Right 1 (Bill Ranking)

SponsorRep. Lucas, Frank D. (R-OK) (Introduced 02/24/2025)
Sponsor Voting RecordLean right · DW-NOMINATE +0.36 · measured from every roll-call vote this member has cast (voteview.com) (Sponsor Ranking)
Support
LLLCLRR

support across the spectrum: 3 members signed on (Bill Ranking) this bill: sponsor + current cosponsors, each once

CommitteesSenate - Foreign Relations Committee; House - Foreign Affairs Committee; House - Foreign Affairs Committee; House - Financial Services Committee; House - Financial Services Committee; House - Financial Services Committee
Latest Action02/11/2026 Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Roll Call Votes1
Sourceview on congress.gov →
IntroducedPassed HousePassed SenateResolving DifferencesTo PresidentBecame Law

Summary (1)

Reported to House (11/25/2025)

Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act or the PROTECT Taiwan Act

This bill requires certain federal entities to seek to exclude China from six international financial organizations if the President informs Congress that China's actions threaten Taiwan and pose a danger to U.S. interests.

Specifically, the bill establishes that it is U.S. policy to seek to exclude Chinese representatives from participating in the activities of six international organizations if the President informs Congress that China's actions pose any (1) threat to Taiwan's security, economic system, or social system; and (2) danger to U.S. interests.

The six specified organizations are 

  • the Group of Twenty,
  • the Bank for International Settlements,
  • the Financial Stability Board,
  • the Basel Committee on Banking Supervision,
  • the International Association of Insurance Supervisors, and
  • the International Organization of Securities Commissions.

In the event that the President so informs Congress, the bill requires the Department of the Treasury, the Federal Reserve, and the Securities and Exchange Commission to take all necessary steps to advance the exclusion policy.

The President may waive the application of this policy to an organization if doing so is in the national interest of the United States.

Text (4)

Engrossed in House (EH)

119 HR 1531 EH: Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act U.S. House of Representatives text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. IB 119th CONGRESS2d Session H. R. 1531

IN THE HOUSE OF REPRESENTATIVES AN ACT To direct certain financial regulators to exclude representatives of the People’s Republic of China from certain banking organizations upon notice of certain threats or danger, and for other purposes.

1.Short titleThis Act may be cited as the Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act or the PROTECT Taiwan Act.

2.Statement of policy regarding the exclusion of representatives of the people’s republic of china from certain banking organizations upon notice of certain threats or danger (a)In generalIf the President, pursuant to section 3(c) of the Taiwan Relations Act (22 U.S.C. 3302(c)), informs the Congress of any threat to the security or the social or economic system of the people on Taiwan and any danger to the interests of the United States arising therefrom resulting from actions of the People’s Republic of China, it is the policy of the United States to seek to exclude representatives of the People’s Republic of China, to the maximum extent practicable, from participation in meetings, proceedings, and other activities of the following organizations: (1)The Group of Twenty. (2)The Bank for International Settlements. (3)The Financial Stability Board. (4)The Basel Committee on Banking Supervision. (5)The International Association of Insurance Supervisors. (6)The International Organization of Securities Commissions. (b)Policy advancementThe Secretary of the Treasury, the Board of Governors of the Federal Reserve System, and the Securities and Exchange Commission shall take all necessary steps to advance the policy set forth in subsection (a). (c)WaiverThe President may waive the application of subsection (a) with respect to an organization upon submission of a report to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate— (1)that such waiver is in the national interest of the United States; and (2)that contains an explanation of the reasons therefor. (d)SunsetThis Act and the requirements of this Act shall have no force or effect on the date that is the earlier of— (1)5 years after the date of the enactment of this Act; or (2)30 days after the date on which the President notifies Congress that the termination of this Act is in the national interest of the United States. Passed the House of Representatives February 9, 2026.Kevin F. McCumber,Clerk.

Introduced in House (IH)

119 HR 1531 IH: Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act U.S. House of Representatives 2025-02-24 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I119th CONGRESS1st SessionH. R. 1531IN THE HOUSE OF REPRESENTATIVESFebruary 24, 2025Mr. Lucas (for himself and Mr. Vicente Gonzalez of Texas) introduced the following bill; which was referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concernedA BILLTo direct certain financial regulators to exclude representatives of the People’s Republic of China from certain banking organizations upon notice of certain threats or danger, and for other purposes.

1.Short titleThis Act may be cited as the Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act or the PROTECT Taiwan Act.

2.Statement of policy regarding the exclusion of representatives of the people’s republic of china from certain banking organizations upon notice of certain threats or danger (a)In generalIf the President, pursuant to section 3(c) of the Taiwan Relations Act (22 U.S.C. 3302(c)), informs the Congress of any threat to the security or the social or economic system of the people on Taiwan and any danger to the interests of the United States arising therefrom resulting from actions of the People’s Republic of China, it is the policy of the United States to seek to exclude representatives of the People’s Republic of China, to the maximum extent practicable, from participation in meetings, proceedings, and other activities of the following organizations: (1)The Group of Twenty. (2)The Bank for International Settlements. (3)The Financial Stability Board. (4)The Basel Committee on Banking Supervision. (5)The International Association of Insurance Supervisors. (6)The International Organization of Securities Commissions. (b)Policy advancementThe Secretary of the Treasury, the Board of Governors of the Federal Reserve System, and the Securities and Exchange Commission, shall take all necessary steps to advance the policy set forth in subsection (a). (c)WaiverThe President may waive the application of subsection (a) with respect to an organization upon submission of a report to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate— (1)that such waiver is in the national interest of the United States; and (2)that contains an explanation of the reasons therefor. (d)SunsetThis Act and the requirements of this Act shall have no force or effect on the date that is the earlier of— (1)5 years after the date of the enactment of this Act; or (2)30 days after the date on which the President notifies Congress that the termination of this Act is in the national interest of the United States.

Referred in Senate (RFS)

119 HR 1531 : Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act U.S. House of Representatives 2026-02-11 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. IIB119th CONGRESS2d SessionH. R. 1531IN THE SENATE OF THE UNITED STATESFebruary 11, 2026Received; read twice and referred to the Committee on Foreign RelationsAN ACTTo direct certain financial regulators to exclude representatives of the People’s Republic of China from certain banking organizations upon notice of certain threats or danger, and for other purposes.1.Short titleThis Act may be cited as the Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act or the PROTECT Taiwan Act.2.Statement of policy regarding the exclusion of representatives of the people’s republic of china from certain banking organizations upon notice of certain threats or danger(a)In generalIf the President, pursuant to section 3(c) of the Taiwan Relations Act (22 U.S.C. 3302(c)), informs the Congress of any threat to the security or the social or economic system of the people on Taiwan and any danger to the interests of the United States arising therefrom resulting from actions of the People’s Republic of China, it is the policy of the United States to seek to exclude representatives of the People’s Republic of China, to the maximum extent practicable, from participation in meetings, proceedings, and other activities of the following organizations:(1)The Group of Twenty.(2)The Bank for International Settlements.(3)The Financial Stability Board.(4)The Basel Committee on Banking Supervision.(5)The International Association of Insurance Supervisors.(6)The International Organization of Securities Commissions.(b)Policy advancementThe Secretary of the Treasury, the Board of Governors of the Federal Reserve System, and the Securities and Exchange Commission shall take all necessary steps to advance the policy set forth in subsection (a).(c)WaiverThe President may waive the application of subsection (a) with respect to an organization upon submission of a report to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate—(1)that such waiver is in the national interest of the United States; and(2)that contains an explanation of the reasons therefor.(d)SunsetThis Act and the requirements of this Act shall have no force or effect on the date that is the earlier of—(1)5 years after the date of the enactment of this Act; or(2)30 days after the date on which the President notifies Congress that the termination of this Act is in the national interest of the United States.Passed the House of Representatives February 9, 2026.Kevin F. McCumber,Clerk.

Reported in House (RH)

119 HR 1531 RH: Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act U.S. House of Representatives 2025-11-25 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. IB Union Calendar No. 338 119th CONGRESS1st Session H. R. 1531 [Report No. 119–388, Part I]

IN THE HOUSE OF REPRESENTATIVES February 24, 2025 Mr. Lucas (for himself and Mr. Vicente Gonzalez of Texas) introduced the following bill; which was referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned November 25, 2025 Additional sponsor: Mr. Lawler November 25, 2025 Reported from the Committee on Financial Services with an amendment Strike out all after the enacting clause and insert the part printed in italic November 25, 2025 Committee on Foreign Affairs discharged; committed to the Committee of the Whole House on the State of the Union and ordered to be printed For text of introduced bill, see copy of bill as introduced on February 24, 2025

A BILL To direct certain financial regulators to exclude representatives of the People’s Republic of China from certain banking organizations upon notice of certain threats or danger, and for other purposes.

1.Short titleThis Act may be cited as the Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act or the PROTECT Taiwan Act.

2.Statement of policy regarding the exclusion of representatives of the people’s republic of china from certain banking organizations upon notice of certain threats or danger (a)In generalIf the President, pursuant to section 3(c) of the Taiwan Relations Act (22 U.S.C. 3302(c)), informs the Congress of any threat to the security or the social or economic system of the people on Taiwan and any danger to the interests of the United States arising therefrom resulting from actions of the People’s Republic of China, it is the policy of the United States to seek to exclude representatives of the People’s Republic of China, to the maximum extent practicable, from participation in meetings, proceedings, and other activities of the following organizations: (1)The Group of Twenty. (2)The Bank for International Settlements. (3)The Financial Stability Board. (4)The Basel Committee on Banking Supervision. (5)The International Association of Insurance Supervisors. (6)The International Organization of Securities Commissions. (b)Policy advancementThe Secretary of the Treasury, the Board of Governors of the Federal Reserve System, and the Securities and Exchange Commission shall take all necessary steps to advance the policy set forth in subsection (a). (c)WaiverThe President may waive the application of subsection (a) with respect to an organization upon submission of a report to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate— (1)that such waiver is in the national interest of the United States; and (2)that contains an explanation of the reasons therefor. (d)SunsetThis Act and the requirements of this Act shall have no force or effect on the date that is the earlier of— (1)5 years after the date of the enactment of this Act; or (2)30 days after the date on which the President notifies Congress that the termination of this Act is in the national interest of the United States. November 25, 2025 Reported from the Committee on Financial Services with an amendment November 25, 2025 Committee on Foreign Affairs discharged; committed to the Committee of the Whole House on the State of the Union and ordered to be printed

The bill's own words, from our database (synced from the GPO BILLS XML); paragraph breaks added at the bill's section boundaries, nothing else changed.

All Actions (20)

DateChamberAll Actions
02/24/2025Library of CongressIntroduced in House
02/24/2025Library of CongressIntroduced in House
02/24/2025House floor actionsReferred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
02/24/2025House floor actionsReferred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
09/16/2025House committee actionsCommittee Consideration and Mark-up Session Held
09/16/2025House committee actionsOrdered to be Reported (Amended) by the Yeas and Nays: 49 - 0.
11/25/2025Library of CongressReported (Amended) by the Committee on Financial Services. H. Rept. 119-388, Part I.
11/25/2025House floor actionsReported (Amended) by the Committee on Financial Services. H. Rept. 119-388, Part I.
11/25/2025Library of CongressCommittee on Foreign Affairs discharged.
11/25/2025House floor actionsCommittee on Foreign Affairs discharged.
11/25/2025House floor actionsPlaced on the Union Calendar, Calendar No. 338.
02/09/2026House floor actionsMr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
02/09/2026House floor actionsConsidered under suspension of the rules. (consideration: CR H2078-2079)
02/09/2026House floor actionsDEBATE - The House proceeded with forty minutes of debate on H.R. 1531.
02/09/2026House floor actionsAt the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
02/09/2026House floor actionsConsidered as unfinished business. (consideration: CR H2082-2083)
02/09/2026Library of CongressPassed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 395 - 2 (Roll no. 58). (text: CR H2078-2079)
02/09/2026House floor actionsOn motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 395 - 2 (Roll no. 58). (text: CR H2078-2079)
02/09/2026House floor actionsMotion to reconsider laid on the table Agreed to without objection.
02/11/2026SenateReceived in the Senate and Read twice and referred to the Committee on Foreign Relations.

Titles (11)

Title TypeTitle
Short Titles from RFS (Referred to Senate) bill textPressure Regulatory Organizations To End Chinese Threats to Taiwan Act
Short Titles from RFS (Referred to Senate) bill textPROTECT Taiwan Act
Short Title(s) as Passed HousePROTECT Taiwan Act
Short Title(s) as Passed HousePressure Regulatory Organizations To End Chinese Threats to Taiwan Act
Official Titles from EH (Engrossed in House) bill textTo direct certain financial regulators to exclude representatives of the People’s Republic of China from certain banking organizations upon notice of certain threats or danger, and for other purposes.
Short Title(s) as Reported to HousePROTECT Taiwan Act
Short Title(s) as Reported to HousePressure Regulatory Organizations To End Chinese Threats to Taiwan Act
Display TitlePROTECT Taiwan Act
Short Title(s) as IntroducedPressure Regulatory Organizations To End Chinese Threats to Taiwan Act
Short Title(s) as IntroducedPROTECT Taiwan Act
Official Title as IntroducedTo direct certain financial regulators to exclude representatives of the People's Republic of China from certain banking organizations upon notice of certain threats or danger, and for other purposes.

Amendments (0)

There are no amendments to this bill.

Cosponsors (2)

* = Original cosponsor

Committees (6)

CommitteeActivity
Senate - Foreign Relations Committee02/11/2026 Referred To
House - Foreign Affairs Committee11/25/2025 Discharged From
House - Foreign Affairs Committee02/24/2025 Referred To
House - Financial Services Committee11/25/2025 Reported By
House - Financial Services Committee09/16/2025 Markup By
House - Financial Services Committee02/24/2025 Referred To

Related Bills (0)

No related bill information was received for H.R. 1531.

Subjects (7)

Policy Area: International Affairs

All data on this page comes from our own database (legislation.congress_* tables), synced daily from the GPO govinfo BILLSTATUS and BILLS collections. Formatted after congress.gov; nothing is generated. Member placement is their DW-NOMINATE score (voteview.com, Lewis et al.) - a measurement of roll-call voting behavior, not our judgement. Buckets: Left below −0.50 · Lean Left to −0.25 · Center to +0.25 · Lean Right to +0.50 · Right above +0.50. The bill's Support meter aggregates the people who signed the bill - sponsor and current cosponsors, each counted once - nothing else.