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119th CONGRESS 1st Session
To deter Chinese aggression towards Taiwan by requiring the Secretary of the Treasury to publish a report on financial institutions and accounts connected to senior officials of the People’s Republic of China, to restrict financial services for certain immediate family of such officials, and for other purposes.
IN THE SENATE OF THE UNITED STATES · July 22, 2025 · Committee: Committee on Banking, Housing, and Urban Affairs
goodappropriate Members of Congress means the Speaker and minority leader of the House of Representatives, the majority leader and minority leader of the Senate, the Chairman and Ranking Member of the Committee on Financial Services of the House of Representatives, and the Chairman and Ranking Member of the Committee on Banking, Housing, and Urban Affairs of the Senate.financial institution means a United States financial institution or a foreign financial institution.foreign financial institution has the meaning given that term in section 561.308 of title 31, Code of Federal Regulations.funds has the meaning given to such term by the Secretary of the Treasury.immediate familyUnited States financial institution,U.S. financial institution has the meaning given the term under section 561.309 of title 31, Code of Federal Regulations.