S. 1113 (119th)Bill Overview

China Financial Threat Mitigation Act of 2025

Finance and Financial Sector|Finance and Financial Sector
Cosponsors
Support
Lean Republican
Introduced
Mar 25, 2025
Discussions
Bill Text
Current stageCommittee

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Introduced
Committee
Floor
President
Law
Congressional Activities
01 · The brief

Requires the Secretary of the Treasury, with several financial and foreign policy agencies, to study and report within one year on U.S. exposure to the People’s Republic of China’s financial sector.

The report must assess risks to U.S. and global financial stability, describe U.S. policies, evaluate Chinese economic data transparency, and recommend international cooperation steps.

The unclassified report (with possible classified annex) must be transmitted to relevant congressional committees, U.S. international representatives, and published on Treasury’s website.

Passage70/100

Modest, technical reporting requirement with low fiscal impact and limited controversy increases chance, though procedural hurdles and competing priorities remain.

CredibilityPartially aligned

Relative to its intended legislative type, this bill is a well-specified reporting requirement: it identifies a clear subject, assigns lead responsibility, prescribes consultative partners, specifies required report content, sets a one-year deadline, and requires transmission and public posting of the unclassified report. These elements constitute strong construction for a mandated study.

Contention18/100

Liberals worry about xenophobic uses; conservatives favor security-driven follow-up.

02 · What it does

Who stands to gain, and who may push back.

Who this appears to help vs burden50% / 50%
Targeted stakeholdersTargeted stakeholders
Likely helped
  • Targeted stakeholdersImproves policymakers' understanding of U.S. financial exposure to Chinese markets and institutions.
  • Targeted stakeholdersSupports more informed regulatory and supervisory decisions by U.S. financial agencies.
  • Targeted stakeholdersFacilitates international coordination by providing a consolidated U.S. assessment for allies and institutions.
Likely burdened
  • Targeted stakeholdersMay aggravate diplomatic tensions with China by formalizing a U.S. government assessment of financial risk.
  • Targeted stakeholdersImposes additional workload and resource needs on Treasury and partner agencies to complete the study.
  • Targeted stakeholdersEffectiveness may be limited because Chinese official data can be incomplete or unreliable.
03 · Why people split

Why the argument around this bill splits.

Liberals worry about xenophobic uses; conservatives favor security-driven follow-up.
Progressive80%

Likely supportive of a government-led analysis of systemic financial risks and transparency from China, while cautious about security framing.

Will value recommendations that protect workers, global stability, and multilateral oversight.

May be wary if the study becomes a pretext for indiscriminate economic coercion or civil-rights harms to diaspora communities.

Leans supportive
Centrist90%

Views the bill as a pragmatic, limited, bipartisan fact-finding step to inform policy on China-related financial risks.

Appreciates the one-year deadline, interagency consultation, and congressional reporting.

Wants clear cost-benefit analysis and evidence-based recommendations, not alarmism.

Leans supportive
Conservative85%

Generally supportive because it increases scrutiny of China’s financial influence and protects national security.

Sees a study as a cautious first step before regulatory or investment restrictions.

Some conservatives may press for faster, stronger follow-up actions based on findings.

Leans supportive
04 · Can it pass?

The path through Congress.

Introduced

Reached or meaningfully advanced

Committee

Reached or meaningfully advanced

Floor

Still ahead

President

Still ahead

Law

Still ahead

Passage likelihood70/100

Modest, technical reporting requirement with low fiscal impact and limited controversy increases chance, though procedural hurdles and competing priorities remain.

Scope and complexity
24%
Scopenarrow
24%
Complexitylow
Why this could stall
  • No funding or cost estimate specified
  • Potential classified material could limit public scrutiny
05 · Recent votes

Recent votes on the bill.

No vote history yet

The bill has not accumulated any surfaced votes yet.

06 · Go deeper

Go deeper than the headline read.

Included on this page

Liberals worry about xenophobic uses; conservatives favor security-driven follow-up.

Modest, technical reporting requirement with low fiscal impact and limited controversy increases chance, though procedural hurdles and comp…

Unlocked analysis

Relative to its intended legislative type, this bill is a well-specified reporting requirement: it identifies a clear subject, assigns lead responsibility, prescribes consultative partners, specifies required report con…

Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.

Perspective breakdownsPassage barriersLegislative design reviewStakeholder impact map
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