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Bill Tracker / 119th Congress / H.R. 1531

H.R. 1531 Β· 119th Congress

PROTECT Taiwan Act

Introduced→
In Committee→
Passed One Chamber→
Passed Both Chambers→
Became Law

Latest action: Received in the Senate and Read twice and referred to the Committee on Foreign Relations. β€” 02/11/2026

What This Bill Does

Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act or the PROTECT Taiwan Act

This bill requires certain federal entities to seek to exclude China from six international financial organizations if the President informs Congress that China's actions threaten Taiwan and pose a danger to U.S. interests.

Specifically, the bill establishes that it is U.S. policy to seek to exclude Chinese representatives from participating in the activities of six international organizations if the President informs Congress that China's actions pose any (1) threat to Taiwan's security, economic system, or social system; and (2) danger to U.S. interests.

The six specified organizations are

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.

In the event that the President so informs Congress, the bill requires the Department of the Treasury, the Federal Reserve, and the Securities and Exchange Commission to take all necessary steps to advance the exclusion policy.

The President may waive the application of this policy to an organization if doing so is in the national interest of the United States.

Summary as of 11/25/2025, via Congress.gov / Congressional Research Service.

Sponsor
Frank D. Lucas β†—
R Β· Oklahoma
Introduced
02/24/2025
Policy Area
International Affairs
Cosponsors
2
πŸ“‹ Full Bill Text & History on Congress.gov β†—

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