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    <number>1156</number>
    <updateDate>2025-05-27T14:16:35Z</updateDate>
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    <originChamber>House</originChamber>
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    <type>HR</type>
    <introducedDate>2023-02-24</introducedDate>
    <congress>118</congress>
    <cdata>
      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 169, Number 36 (Friday, February 24, 2023)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Ms. SPANBERGER:H.R. 1156.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8The single subject of this legislation is:Requires the Treasury Department to issue a report on theeffects of reforms to China's financial sector on the U.S.and global financial system, describes the U.S. policies toprotect U.S. interests during these reforms, analyzes risksto U.S. financial stability and the global economy fromChina, and provides recommendations for how the U.S. canmitigate these risks.[Page H875]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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        <name>Banking, Housing, and Urban Affairs Committee</name>
        <chamber>Senate</chamber>
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            <name>Referred To</name>
            <date>2023-05-30T20:38:45Z</date>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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            <name>Reported By</name>
            <date>2023-05-22T16:31:31Z</date>
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          <item>
            <name>Markup By</name>
            <date>2023-02-28T19:56:13Z</date>
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            <name>Referred To</name>
            <date>2023-02-24T16:00:35Z</date>
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      <committeeReport>
        <citation>H. Rept. 118-72</citation>
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        <actionDate>2023-05-30</actionDate>
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        <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
        <type>IntroReferral</type>
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      <item>
        <actionDate>2023-05-22</actionDate>
        <actionTime>19:09:15</actionTime>
        <text>Motion to reconsider laid on the table Agreed to without objection.</text>
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        <actionCode>H38310</actionCode>
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          <name>House floor actions</name>
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      <item>
        <actionDate>2023-05-22</actionDate>
        <actionTime>19:09:14</actionTime>
        <text>On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 400 - 5 (Roll no. 229). (text: CR H2471)</text>
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        <actionDate>2023-05-22</actionDate>
        <actionTime>19:09:14</actionTime>
        <text>Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 400 - 5 (Roll no. 229). (text: CR H2471)</text>
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      </item>
      <item>
        <actionDate>2023-05-22</actionDate>
        <actionTime>19:01:28</actionTime>
        <text>Considered as unfinished business. (consideration: CR H2483-2484)</text>
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        <actionDate>2023-05-22</actionDate>
        <actionTime>16:31:01</actionTime>
        <text>At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.</text>
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        <actionCode>H37220</actionCode>
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      <item>
        <actionDate>2023-05-22</actionDate>
        <actionTime>16:21:43</actionTime>
        <text>DEBATE - The House proceeded with forty minutes of debate on H.R. 1156.</text>
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        <actionCode>H8D000</actionCode>
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        <actionDate>2023-05-22</actionDate>
        <actionTime>16:21:34</actionTime>
        <text>Considered under suspension of the rules. (consideration: CR H2471-2472)</text>
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        <actionCode>H30000</actionCode>
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      <item>
        <actionDate>2023-05-22</actionDate>
        <actionTime>16:21:11</actionTime>
        <text>Mr. Luetkemeyer moved to suspend the rules and pass the bill, as amended.</text>
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        <actionCode>H30300</actionCode>
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          <code>2</code>
          <name>House floor actions</name>
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      <item>
        <actionDate>2023-05-22</actionDate>
        <text>Placed on the Union Calendar, Calendar No. 52.</text>
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        <actionDate>2023-05-22</actionDate>
        <text>Reported (Amended) by the Committee on Financial Services. H. Rept. 118-72.</text>
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        <text>Reported (Amended) by the Committee on Financial Services. H. Rept. 118-72.</text>
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        <actionDate>2023-02-28</actionDate>
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        <text>Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 40 - 0.</text>
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        <actionDate>2023-02-28</actionDate>
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        <text>Committee Consideration and Mark-up Session Held.</text>
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        <actionDate>2023-02-24</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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          <code>2</code>
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    <sponsors>
      <item>
        <bioguideId>S001209</bioguideId>
        <fullName>Rep. Spanberger, Abigail Davis [D-VA-7]</fullName>
        <firstName>Abigail</firstName>
        <lastName>Spanberger</lastName>
        <party>D</party>
        <state>VA</state>
        <middleName>Davis</middleName>
        <district>7</district>
        <isByRequest>N</isByRequest>
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    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>W000816</bioguideId>
        <fullName>Rep. Williams, Roger [R-TX-25]</fullName>
        <firstName>Roger</firstName>
        <lastName>Williams</lastName>
        <party>R</party>
        <state>TX</state>
        <district>25</district>
        <sponsorshipDate>2023-02-24</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>L000599</bioguideId>
        <fullName>Rep. Lawler, Michael [R-NY-17]</fullName>
        <firstName>Michael</firstName>
        <lastName>Lawler</lastName>
        <party>R</party>
        <state>NY</state>
        <district>17</district>
        <sponsorshipDate>2023-02-27</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>L000590</bioguideId>
        <fullName>Rep. Lee, Susie [D-NV-3]</fullName>
        <firstName>Susie</firstName>
        <lastName>Lee</lastName>
        <party>D</party>
        <state>NV</state>
        <district>3</district>
        <sponsorshipDate>2023-03-17</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>R000579</bioguideId>
        <fullName>Rep. Ryan, Patrick [D-NY-18]</fullName>
        <firstName>Patrick</firstName>
        <lastName>Ryan</lastName>
        <party>D</party>
        <state>NY</state>
        <district>18</district>
        <sponsorshipDate>2023-03-17</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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    </cosponsors>
    <cboCostEstimates>
      <item>
        <pubDate>2023-03-16T21:35:00Z</pubDate>
        <title>H.R. 1156, China Financial Threat Mitigation Act of 2023</title>
        <url>https://www.cbo.gov/publication/59011</url>
        <description>As ordered reported by the House Committee on Financial Services on February 28, 2023</description>
      </item>
    </cboCostEstimates>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Asia</name>
          <updateDate>2023-05-26T16:15:20Z</updateDate>
        </item>
        <item>
          <name>China</name>
          <updateDate>2023-05-26T16:15:20Z</updateDate>
        </item>
        <item>
          <name>Congressional oversight</name>
          <updateDate>2023-05-26T16:15:20Z</updateDate>
        </item>
        <item>
          <name>Financial crises and stabilization</name>
          <updateDate>2023-05-26T16:15:20Z</updateDate>
        </item>
        <item>
          <name>Government information and archives</name>
          <updateDate>2023-05-26T16:15:20Z</updateDate>
        </item>
        <item>
          <name>Government studies and investigations</name>
          <updateDate>2023-05-26T16:15:20Z</updateDate>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
        <updateDate>2023-03-07T15:00:22Z</updateDate>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2023-02-24</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2023-05-22T13:40:31Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;b&gt;China Financial Threat Mitigation Act of 2023 &lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill requires the Department of the Treasury, in consultation with specified federal financial agencies, to report on the exposure of the United States to the financial sector of China. The report must include &lt;/p&gt; &lt;ul&gt; &lt;li&gt;the effects the reforms to China's financial sector have on U.S. and global financial systems, &lt;/li&gt; &lt;li&gt;a description of the policies the United States is adopting to protect U.S. interests, &lt;/li&gt; &lt;li&gt;a description and analysis of any risks presented by China to the financial stability of the United States and the global economy, and &lt;/li&gt; &lt;li&gt;recommendations for additional actions to strengthen international cooperation to mitigate risks and protect U.S. interests. &lt;/li&gt; &lt;/ul&gt;</text>
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      <summary>
        <versionCode>53</versionCode>
        <actionDate>2023-05-22</actionDate>
        <actionDesc>Passed House</actionDesc>
        <updateDate>2023-10-03T13:55:44Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;b&gt;China Financial Threat Mitigation Act of 2023 &lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill requires the Department of the Treasury, in consultation with specified federal financial agencies, to report on the exposure of the United States to the activity of China's financial sector. The report must include &lt;/p&gt; &lt;ul&gt; &lt;li&gt;the effects the reforms to China's financial sector have on U.S. and global financial systems, &lt;/li&gt; &lt;li&gt;a description of the policies the United States is adopting to protect U.S. interests, &lt;/li&gt; &lt;li&gt;a description and analysis of any risks presented by China to the financial stability of the United States and the global economy, and &lt;/li&gt; &lt;li&gt;recommendations for additional actions to strengthen international cooperation to mitigate risks and protect U.S. interests. &lt;/li&gt; &lt;/ul&gt;</text>
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    </summaries>
    <title>China Financial Threat Mitigation Act of 2023</title>
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        <title>China Financial Threat Mitigation Act of 2023</title>
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        <title>China Financial Threat Mitigation Act of 2023</title>
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        <title>To require the Secretary of the Treasury to conduct a study and report on the exposure of the United States to the financial sector of the People's Republic of China, and for other purposes.</title>
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