The House of Representatives has passed legislation to safeguard the United States from financial threats posed by the Chinese Communist Party (CCP).
The legislation, the China Financial Threat Mitigation Act of 2025 (H.R.1549), passed a voice vote on July 23. It was introduced in February by Reps. Roger Williams (R-Texas) and Josh Gottheimer (D-N.J.), both members of the Committee of Financial Services.
Before the vote, Williams told his colleagues on the House floor that the CCP’s track record of interference and aggression against the U.S. financial system “is a serious and growing threat.”
“The CCP has a well-documented history of abusing international financial norms, jeopardizing both our national and economic security in the process, from manipulating currency and distorting markets to propping up state-owned industries and weaponizing finance for geopolitical gain,” Williams said. “The CCP’s actions are not just unfair, they are downright dangerous.”…
House Passes Bipartisan Legislation to Address China’s Financial Threats
