Sponsors (2)
The bill improves government and market preparedness for potential PRC military escalation by creating recurring expert analysis, briefings, and public meetings, at the cost of added taxpayer-funded administration and risks of industry influence and redacted transparency.
Financial institutions and market participants will receive recurring, coordinated expert analysis and actionable recommendations on vulnerabilities from PRC military escalation toward Taiwan, helping them prepare for and mitigate market volatility.
Congress, the Secretary of State, and federal agencies will be regularly briefed, improving interagency and congressional awareness and coordination on the economic and national-security risks of escalation.
Market participants and the public will gain greater transparency through public meetings that explain risks and recommendations (while allowing national-security redactions), enabling better-informed private planning.
Private-sector appointees could bias the committee's recommendations toward industry interests, potentially weakening regulatory responses and leaving taxpayers and market participants less protected.
Taxpayers will bear additional administrative costs to staff and support the committee and to carry out repeated studies every three years.
Public briefings and meetings may omit sensitive material, limiting transparency and reducing public accountability for redacted findings.
Based on analysis of 2 sections of legislative text.
Establishes an FSOC advisory committee to study economic and market vulnerabilities from PRC military escalation toward Taiwan and report recommendations every 3 years.
Introduced December 11, 2025 by David Harold McCormick · Last progress December 11, 2025
Creates an advisory committee within the Financial Stability Oversight Council (FSOC) to study and advise on economic and market vulnerabilities that could result from a military escalation by the People’s Republic of China toward Taiwan. The Treasury Secretary chairs the committee, which includes federal financial regulators and ten private‑sector appointees; the committee must meet at least twice a year, produce a comprehensive study and recommendations within 3 years of enactment and every 3 years thereafter, brief Congress and the Secretary of State, and hold a public meeting.