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House bill · H.R. 1716 (119th Congress)

Taiwan Conflict Deterrence Act of 2025

U.S. House of Representatives

Latest action Jul 22, 2025

Sponsor: Lisa C. McClain (U.S. Representative, MI-9, Republican)

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From Congress.gov and official rosters. This record was last updated Aug 2, 2026. About our data

Summary

Taiwan Conflict Deterrence Act of 2025 This bill, in the event of a threat to U.S. interests by China, (1) requires additional reporting on the domestic and foreign financial activity of specified Chinese officials, and (2) prohibits certain financial transactions with specified Chinese officials. Upon a determination by the President that such a threat exists, the bill requires the Department of the Treasury to (1) report to Congress on funds held by certain members of the Chinese Communist Party, including the total amount of funds, a description of the funds, and a list of related financial institutions; and (2) brief Congress on how these funds were acquired and any illicit or corrupt means employed to acquire or use the funds. These requirements are subject to specified exemptions and waivers. After such a report is made, Treasury must prohibit significant transactions between U.S. financial institutions and these individuals (and their immediate family, if appropriate). The bill provides exceptions for intelligence, law enforcement, and national security activities. The President may waive the prohibition under certain circumstances.

Summary from the Congressional Research Service. How we handle summaries

Where it stands

Passed one of the two chambers; it still needs the other.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

House Committee on Financial Services · U.S. House of Representatives

Also referred to House Committee on Foreign Affairs · U.S. House of Representatives.

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Cosponsors

1

Cosponsors listed on Congress.gov, shown A to Z.

  • Democratic1

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Full history

  1. Jul 22, 2025

    In committee

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

    U.S. House

  2. Jul 22, 2025

    Sent to the executive

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

    U.S. Senate

  3. Jul 21, 2025

    Considered Under Suspension of the rules. (consideration: cr H3514-3517)

    Considered under suspension of the rules. (consideration: CR H3514-3517)

  4. Jul 21, 2025

    Considered Under Suspension of the rules. (consideration: cr H3514-3517)

    Considered under suspension of the rules. (consideration: CR H3514-3517)

  5. Jul 21, 2025

    Considered Under Suspension of the rules. (consideration: cr H3514-3517)

    Considered under suspension of the rules. (consideration: CR H3514-3517)

Show full history (25 earlier events)
  1. Jul 21, 2025

    Debate - the House Proceeded With Forty Minutes of Debate on H.R. 1716.

    DEBATE - The House proceeded with forty minutes of debate on H.R. 1716.

    U.S. House of Representatives

  2. Jul 21, 2025

    Passed a chamber

    Motion to reconsider laid on the table Agreed to without objection.

  3. Jul 21, 2025

    Passed a chamber

    Motion to reconsider laid on the table Agreed to without objection.

  4. Jul 21, 2025

    Passed a chamber

    Motion to reconsider laid on the table Agreed to without objection.

  5. Jul 21, 2025

    Passed a chamber

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3514-3515)

    U.S. House of Representatives

  6. Mar 27, 2025

    In committee

    Committee on Foreign Affairs discharged.

  7. Mar 27, 2025

    In committee

    Committee on Foreign Affairs discharged.

  8. Mar 27, 2025

    In committee

    Committee on Foreign Affairs discharged.

  9. Mar 27, 2025

    Placed on the Union Calendar, Calendar No. 35.

  10. Mar 27, 2025

    Placed on the Union Calendar, Calendar No. 35.

  11. Mar 27, 2025

    Placed on the Union Calendar, Calendar No. 35.

  12. Mar 27, 2025

    Reported out of committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-48, Part I.

  13. Mar 27, 2025

    Reported out of committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-48, Part I.

  14. Mar 27, 2025

    Reported out of committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-48, Part I.

  15. Mar 5, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  16. Mar 5, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  17. Mar 5, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  18. Mar 5, 2025

    Reported out of committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 0.

  19. Mar 5, 2025

    Reported out of committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 0.

  20. Mar 5, 2025

    Reported out of committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 0.

  21. Feb 27, 2025

    Introduced

    Introduced in House

    U.S. House of Representatives

  22. Feb 27, 2025

    Introduced

    Introduced in U.S. House

    U.S. House

  23. Feb 27, 2025

    Referred to committee

    Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  24. Feb 27, 2025

    Referred to committee

    Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  25. Feb 27, 2025

    Referred to committee

    Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

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