H.R. 1531 Passed the House International Affairs

PROTECT Taiwan Act

To direct certain financial regulators to exclude representatives of the People's Republic of China from certain banking organizations upon notice of certain threats or danger, and for other purposes.

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor Rep. Lucas, Frank D. [R-OK-3] Introduced February 24, 2025 Cosponsors 2 (1 D, 1 R) Latest action February 11, 2026

Summary

Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act or the PROTECT Taiwan Act
This bill requires certain federal entities to seek to exclude China from six international financial organizations if the President informs Congress that China's actions threaten Taiwan and pose a danger to U.S. interests.
Specifically, the bill establishes that it is U.S. policy to seek to exclude Chinese representatives from participating in the activities of six international organizations if the President informs Congress that China's actions pose any (1) threat to Taiwan's security, economic system, or social system; and (2) danger to U.S. interests.
The six specified organizations are 
- the Group of Twenty,
- the Bank for International Settlements,
- the Financial Stability Board,
- the Basel Committee on Banking Supervision,
- the International Association of Insurance Supervisors, and
- the International Organization of Securities Commissions.
In the event that the President so informs Congress, the bill requires the Department of the Treasury, the Federal Reserve, and the Securities and Exchange Commission to take all necessary steps to advance the exclusion policy.
The President may waive the application of this policy to an organization if doing so is in the national interest of the United States.

Summary by the Congressional Research Service, Library of Congress.

Congress.gov

Roll-call votes

  • HouseFeb 9, 2026·Roll 58·H.R. 1531
    PROTECT Taiwan Act
    On Motion to Suspend the Rules and Pass, as Amended
    Passed395–2
    R 198–1 D 197–1

Actions

  1. Feb 11, 2026 Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
  2. Feb 9, 2026 Motion to reconsider laid on the table Agreed to without objection.
  3. Feb 9, 2026 On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 395 - 2 (Roll no. 58). (text: CR H2078-2079)
  4. Feb 9, 2026 Considered as unfinished business. (consideration: CR H2082-2083)
  5. Feb 9, 2026 At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
  6. Feb 9, 2026 DEBATE - The House proceeded with forty minutes of debate on H.R. 1531.
  7. Feb 9, 2026 Considered under suspension of the rules. (consideration: CR H2078-2079)
  8. Feb 9, 2026 Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
  9. Nov 25, 2025 Placed on the Union Calendar, Calendar No. 338.
  10. Nov 25, 2025 Committee on Foreign Affairs discharged.
  11. Nov 25, 2025 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-388, Part I.
  12. Sep 16, 2025 Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 0.

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