H.R. 1549 — China Financial Threat Mitigation Act of 2025

This section directs the Secretary of the Treasury, in consultation with the Chairmen of the Federal Reserve Board of Governors, Securities and Exchange Commission, and Commodity Futures Trading Commission and the Secretary of State, to conduct a study and issue an unclassified report (with possible classified annex), not later than one year after enactment, on U.S. exposure to China's financial sector. The report must include (1) an assessment of significant risks in China's financial sector and their effects on U.S. and global financial systems; (2) a description of U.S. policies to protect financial stability from such risks; (3) a description and evaluation of the transparency, completeness, and reliability of Chinese economic data; and (4) recommendations for additional U.S. actions, including through international organizations, to monitor, mitigate risks, and protect U.S. interests. The Secretary must transmit the report to the House Committees on Financial Services and Foreign Affairs, the Senate Committees on Banking, Housing, and Urban Affairs and Foreign Relations, and U.S. representatives at relevant international organizations and publish the unclassified version on the Treasury website.