PROTECT Taiwan Act

This bill would establish a federal policy to seek the exclusion of Chinese representatives from six major international financial organizations if the President determines that China's actions threaten Taiwan and U.S. interests. Under these conditions, the Department of the Treasury, the Federal Reserve, and the Securities and Exchange Commission would be required to take steps to advance this exclusion from groups such as the Group of Twenty and the Bank for International Settlements. The President would retain the authority to waive these requirements if doing so is deemed in the national interest of the United States.

This bill directly affects the Department of the Treasury, the Federal Reserve, and the Securities and Exchange Commission, which would be required to seek the exclusion of Chinese representatives from several international financial bodies. The policy specifically targets Chinese participation in 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. Additionally, the bill impacts the government of Taiwan, as the measures are triggered by threats to its security, economic, or social systems.

• Establishment of U.S. policy to exclude China from international organizations. The bill establishes a policy to seek the exclusion of Chinese representatives from six specific international financial organizations if the President determines China's actions threaten Taiwan and U.S. interests.
• Conditions for triggering exclusion efforts. The exclusion policy is activated if the President informs Congress that China's actions pose a threat to Taiwan's security, economic system, or social system, as well as a danger to U.S. interests.
• Designation of targeted international financial entities. The bill identifies 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 as the organizations subject to the policy.
• Mandated actions for federal agencies. Upon the President's notification to Congress, the Department of the Treasury, the Federal Reserve, and the Securities and Exchange Commission are required to take all necessary steps to advance the exclusion of Chinese representatives.
• Presidential waiver authority. The President is authorized to waive the exclusion policy for a specific organization if it is determined that doing so is in the national interest of the United States.

• H.R. 1531, Pressure Regulatory Organizations to End Chinese Threats to Taiwan Act
  Sep 25, 2025 · As ordered reported by the House Committee on Financial Services on September 16, 2025

The bill's requirements are triggered if the President informs Congress that China's actions pose a threat to Taiwan and a danger to U.S. interests.

The bill directs the Department of the Treasury, the Federal Reserve, and the Securities and Exchange Commission to coordinate U.S. policy within several established international bodies, including the Group of Twenty, the Bank for International Settlements, and the Financial Stability Board.

The bill aims to establish a U.S. policy of seeking to exclude Chinese representatives from six major international financial organizations if the President determines that China’s actions threaten Taiwan’s security, economy, or social system and pose a danger to U.S. interests.