Orders the Treasury Department to identify and publicly report the assets, accounts, and banking relationships of certain high‑level Chinese Communist Party officials whenever the President alerts Congress to a China‑related national security threat. The report must estimate funds they control and name financial institutions that hold their accounts or provide significant services, with an unclassified portion posted publicly.

After those reports, U.S. financial institutions (and entities they own or control) are barred from conducting significant transactions with any named person—and, when determined by Treasury, that person’s immediate family who benefit from the funds. The measure includes exceptions for U.S. intelligence, law enforcement, and national security activities, allows presidential waivers with notice to Congress, prohibits sanctions on imported goods, relies on IEEPA authorities and penalties, and defines key terms for clarity.