China Financial Threat Mitigation Act of 2025
The China Financial Threat Mitigation Act of 2025 would require the U.S. Secretary of the Treasury to conduct a targeted study and prepare a report on how the Chinese financial sector could pose risks to the United States and the global financial system. Working with leaders of the Federal Reserve, the Securities and Exchange Commission, the Commodity Futures Trading Commission, and the State Department, the Treasury would assess potential risks, describe current U.S. policies to safeguard financial stability, evaluate the reliability of China’s public economic data, and offer recommendations for actions—including international cooperation—to monitor and mitigate these risks. The final report would be unclassified (though it could include a classified annex) and publicly posted on Treasury’s website, with transmission to key congressional committees and U.S. representatives at international organizations within one year of enactment.
Key Points
- 1Scope and participants: The Treasury Secretary must lead the study, in consultation with the Fed chair, SEC chair, CFTC chair, and the Secretary of State.
- 2Four-part assessment: The study must address (1) risks in the PRC financial sector and their effects on the U.S. and global financial systems, (2) U.S. policies in place to protect financial stability from those risks, (3) the transparency and reliability of PRC economic data, and (4) recommendations for additional U.S. actions and international cooperation.
- 3Timing and publication: The study and report are due within one year of enactment, and the information (excluding any classified annex) must be published on the Treasury website.
- 4Classification: The main report must be unclassified but may include a classified annex for sensitive information.
- 5Congressional and international dissemination: The report must be transmitted to specified Senate and House committees and to U.S. representatives at relevant international organizations.