Taiwan Conflict Deterrence Act of 2025

This bill aims to deter a crisis over Taiwan by targeting money linked to top Chinese government officials. If the President alerts Congress that China’s actions threaten U.S. interests, the Treasury Department must, within 90 days and then once a year for three years, report on funds and bank accounts tied to at least ten senior Chinese Communist Party figures and list the banks involved. An unclassified part of this report must be posted publicly, including in English and Chinese. After the report, U.S. banks would be barred from significant transactions with those individuals—and possibly their immediate family if they benefit from the funds. There are exceptions for U.S. intelligence, law enforcement, and national security work, and the President can grant waivers in certain cases. Breaking these rules can bring serious penalties under existing federal law. The restrictions end when the threat ends, or 25 years after the final report—whichever comes first.

Key points

• Who is affected: U.S. financial institutions; named Chinese officials and, in some cases, their immediate family; and the banks that hold or service their funds.
• What changes: Treasury must report and brief Congress on these funds and the banks involved; the public gets the unclassified portion; U.S. banks must stop significant transactions with the named people and certain family members; import bans are not part of these measures; waivers and exemptions are allowed.
• When it applies: Only after the President notifies Congress of a Taiwan-related threat; reports are due in 90 days and then annually for three years; restrictions end when the threat ends or after 25 years from the final report.