HR 1531 Re-checks Congress.gov for new actions and updates the bill's status, and fills in any sponsors, committees, or related bills that are missing. It does not re-pull sponsors/cosponsors/committees/related — those rarely change — and it skips all work if nothing has changed upstream, so it's cheap to click.
Summary
This act directs the Secretary of the Treasury, the Federal Reserve Board, and the Securities and Exchange Commission to seek to exclude representatives of the People's Republic of China from participation in six major international financial organizations—including the Group of Twenty, Bank for International Settlements, and Financial Stability Board—if the President notifies Congress of a threat to Taiwan's security arising from Chinese actions. The President may waive the exclusion for specific organizations upon reporting to Congress that such a waiver is in the national interest. The act automatically expires after five years or when the President notifies Congress that termination is in the national interest, whichever comes first.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
2 cosponsors
Actions (16)
- Feb 11, 2026 Received in the Senate and Read twice and referred to the Committee on Foreign Relations. · senate
- Feb 9, 2026 Motion to reconsider laid on the table Agreed to without objection. · house
- Feb 9, 2026 On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 395 - 2 (Roll no. 58). (text: CR H2078-2079) · house
- Feb 9, 2026 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): 395 - 2 (Roll no. 58). (text: CR H2078-2079)
- Feb 9, 2026 Considered as unfinished business. (consideration: CR H2082-2083) · house
- Feb 9, 2026 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. · house
- Feb 9, 2026 DEBATE - The House proceeded with forty minutes of debate on H.R. 1531. · house
- Feb 9, 2026 Considered under suspension of the rules. (consideration: CR H2078-2079) · house
- Feb 9, 2026 Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended. · house
- Nov 25, 2025 Placed on the Union Calendar, Calendar No. 338. · house
- Nov 25, 2025 Committee on Foreign Affairs discharged. · house
- Nov 25, 2025 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-388, Part I. · house
- Sep 16, 2025 Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 0. · house
- Sep 16, 2025 Committee Consideration and Mark-up Session Held · house
- Feb 24, 2025 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. · house
- Feb 24, 2025 Introduced in House
How your representatives voted
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Roll-call votes (1)
How the chamber voted on this bill — the outcome, the tally by party, and every member's recorded position. A factual record.
- On Motion to Suspend the Rules and Pass, as AmendedPassed
395 Yea · 2 Nay · 35 Not voting
- Republicans31Yea0Nay6NV
- Democrats27Yea1Nay1NV
The party tally and member list below cover the 66 of 432 positions we've recorded so far; the outcome above is the official chamber result.
See how each member voted (66)
Yea(58)
- Al Green
- August Pfluger
- Becca Balint
- Beth Van Duyne
- Bonnie Watson Coleman
- Brandon Gill
- Brendan F. Boyle
- Brian Babin
- Brian K. Fitzpatrick
- Chip Roy
- Christian D. Menefee
- Christopher H. Smith
- Christopher R. Deluzio
- Craig A. Goldman
- Daniel Meuser
- Donald Norcross
- Dwight Evans
- Frank Pallone
- Glenn Thompson
- Greg Casar
- Guy Reschenthaler
- Henry Cuellar
- Herbert C. Conaway
- Jasmine Crockett
- Jefferson Van Drew
- Joaquin Castro
- Jodey C. Arrington
- John Joyce
- John R. Carter
- Josh Gottheimer
- Julie Johnson
- Lamonica Mciver
- Lance Gooden
- Lloyd Doggett
- Lloyd Smucker
- Madeleine Dean
- Marc A. Veasey
- Mary Gay Scanlon
- Michael Cloud
- Michael T. Mccaul
- Mike Kelly
- Monica De La Cruz
- Morgan Luttrell
- Nathaniel Moran
- Nellie Pou
- Pat Fallon
- Pete Sessions
- Randy K. Sr. Weber
- Robert Menendez
- Robert P. Bresnahan
- Roger Williams
- Ronny Jackson
- Ryan Mackenzie
- Scott Perry
- Summer L. Lee
- Sylvia R. Garcia
- Veronica Escobar
- Vicente Gonzalez
Nay(1)
More bills on these subjects (8)
Other bills that carry the most legislative subjects in common with this one (topical discovery — distinct from the procedural related bills above).
Text versions (4)
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Full text
AN ACT
To direct certain financial regulators to exclude representatives of the People’s Republic of China from certain banking organizations upon notice of certain threats or danger, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act” or the “PROTECT Taiwan Act”.
SEC. 2. STATEMENT OF POLICY REGARDING THE EXCLUSION OF REPRESENTATIVES OF THE PEOPLE’S REPUBLIC OF CHINA FROM CERTAIN BANKING ORGANIZATIONS UPON NOTICE OF CERTAIN THREATS OR DANGER.
(a) In General.—If the President, pursuant to section 3(c) of the Taiwan Relations Act (22 U.S.C. 3302(c)), informs the Congress of any threat to the security or the social or economic system of the people on Taiwan and any danger to the interests of the United States arising therefrom resulting from actions of the People’s Republic of China, it is the policy of the United States to seek to exclude representatives of the People’s Republic of China, to the maximum extent practicable, from participation in meetings, proceedings, and other activities of the following organizations:
(1) The Group of Twenty.
(2) The Bank for International Settlements.
(3) The Financial Stability Board.
(4) The Basel Committee on Banking Supervision.
(5) The International Association of Insurance Supervisors.
(6) The International Organization of Securities Commissions.
(b) Policy Advancement.—The Secretary of the Treasury, the Board of Governors of the Federal Reserve System, and the Securities and Exchange Commission shall take all necessary steps to advance the policy set forth in subsection (a).
(c) Waiver.—The President may waive the application of subsection
(a) with respect to an organization upon submission of a report to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate—
(1) that such waiver is in the national interest of the United States; and
(2) that contains an explanation of the reasons therefor.
(d) Sunset.—This Act and the requirements of this Act shall have no force or effect on the date that is the earlier of—
(1) 5 years after the date of the enactment of this Act; or
(2) 30 days after the date on which the President notifies Congress that the termination of this Act is in the national interest of the United States.
Passed the House of Representatives February 9, 2026.
Attest:
Clerk. 119th CONGRESS
2d Session
H. R. 1531
AN ACT
To direct certain financial regulators to exclude representatives of the People’s Republic of China from certain banking organizations upon notice of certain threats or danger, and for other purposes.
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