3.0.0 3044 2023-01-11T13:49:54Z 2023-01-11T13:49:54Z House HR 2021-05-07 117 [Congressional Record Volume 167, Number 79 (Friday, May 7, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. GONZALEZ of Ohio:H.R. 3044.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, clause 18 of the United StatesConstitution.[Page H2153]]]> hsba00 Financial Services Committee House Standing Referred to 2021-05-07T14:37:30Z 2021-05-07 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2021-05-07 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-05-07 Introduced in House IntroReferral 1000 9 Library of Congress G000588 Rep. Gonzalez, Anthony [R-OH-16] Anthony Gonzalez R OH 16 N S001209 Rep. Spanberger, Abigail Davis [D-VA-7] Abigail Spanberger D VA Davis 7 2021-05-07 True M001202 Rep. Murphy, Stephanie N. [D-FL-7] Stephanie Murphy D FL N. 7 2021-06-01 False C001109 Rep. Cheney, Liz [R-WY-At Large] Liz Cheney R WY 0 2021-06-08 False C001055 Rep. Case, Ed [D-HI-1] Ed Case D HI 1 2021-06-15 False R000577 Rep. Ryan, Tim [D-OH-13] TIM RYAN D OH 13 2021-06-15 False R000609 Rep. Rutherford, John H. [R-FL-4] John Rutherford R FL H. 4 2021-06-15 False L000591 Rep. Luria, Elaine G. [D-VA-2] Elaine Luria D VA G. 2 2021-06-17 False J000292 Rep. Johnson, Bill [R-OH-6] Bill Johnson R OH 6 2021-06-22 False W000826 Rep. Wild, Susan [D-PA-7] Susan Wild D PA 7 2021-07-16 False S001207 Rep. Sherrill, Mikie [D-NJ-11] Mikie Sherrill D NJ 11 2021-08-03 False F000472 Rep. Franklin, C. Scott [R-FL-15] C. Franklin R FL Scott 15 2021-08-24 False A000378 Rep. Axne, Cynthia [D-IA-3] Cynthia Axne D IA 3 2021-09-20 False W000825 Rep. Wexton, Jennifer [D-VA-10] Jennifer Wexton D VA 10 2021-12-16 False S001208 Rep. Slotkin, Elissa [D-MI-8] Elissa Slotkin D MI 8 2021-12-23 False P000613 Rep. Panetta, Jimmy [D-CA-20] Jimmy Panetta D CA 20 2022-12-14 False International Affairs International Affairs 00 2021-05-07 Introduced in House 2022-01-06T11:04:06Z China Financial Threat Mitigation Act of 2021

This bill requires U.S. representatives to certain international bodies to advocate for increased international cooperation to mitigate threats caused by the governance, opacity, or instability of financial intermediation in China. (Generally, financial intermediaries provide services, such as accounting and underwriting services, that facilitate financial transactions.)

Specifically, this requirement applies to U.S. representatives to the International Monetary Fund, the Group of 20 (G20), and the Financial Stability Board (a technical body established by the G20 to coordinate the group's agenda).

The bill also requires the Financial Stability Oversight Council within the Department of the Treasury to report annually to Congress on such threats.

]]> China Financial Threat Mitigation Act of 2021 Display Title China Financial Threat Mitigation Act of 2021 Official Title as Introduced To require the Financial Stability Oversight Council to analyze emerging financial threats from the People's Republic of China, to strengthen international cooperation in the mitigation of such threats, and for other purposes. Introduced in House IH Short Title(s) as Introduced China Financial Threat Mitigation Act of 2021 Introduced in House IH Introduced in House 2021-05-07T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr3044ih/xml/BILLS-117hr3044ih.xml 2021-05-07 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.