H.R. 1531
Block China from major financial groups if Taiwan threatened
Requires federal agencies to push for removing China from six major international financial groups if China threatens Taiwan and United States interests.
- Applies to six international financial and economic groups
- Triggered if the President reports a threat to Taiwan and United States interests
- Directs the Treasury, Federal Reserve, and Securities and Exchange Commission to take action
- Allows the President to waive the rule for national interest
Passed the House · Senate's turn