HR. 1531In Committee
PROTECT Taiwan Act
Requires Treasury, the Federal Reserve, and the SEC to pursue excluding China from six international financial bodies when the President determines China threatens Taiwan and U.S. interests
Plain-English overview
What this bill does
Requires Treasury, the Federal Reserve, and the SEC to pursue excluding China from six international financial bodies when the President determines China threatens Taiwan and U.S. interests
Key points
- Establish exclusion policy
- Require agency action
- Allow national interest waiver
Current status
Where it stands
Status
In Committee
Latest action
2026-02-11 — Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Related context
Topics and policy areas
undefinedAsiaBanking and financial institutions regulationChinaForeign and international bankingInternational AffairsPresidents and presidential powers, Vice PresidentsSanctions