China Financial Threat Mitigation Act of 2025

This bill, the China Financial Threat Mitigation Act of 2025, tells the U.S. Treasury Department to study how much the United States is exposed to China’s financial sector and to publish a report within one year. Treasury will work with the Federal Reserve, the SEC, the CFTC, and the State Department. The report must explain how problems in China’s financial system could affect the U.S. and the world, what the U.S. is doing to protect financial stability, how reliable China’s economic data is, and what more should be done with international partners to reduce risk. The report must be unclassified (with an optional secret annex), sent to key congressional committees and U.S. representatives at relevant international organizations, and posted on Treasury’s website.

Key points:

• Who is affected: U.S. Treasury (working with the Fed, SEC, CFTC, and State), Congress, and the public (who can read the report).
• What changes: A new, detailed report on U.S. exposure to China’s financial sector, including risks, current policies, data quality, and recommendations for international cooperation.
• When: The report is due within one year after the law is enacted and must be published online.