H.R. 1531

119th Congress

In Committee

PROTECT Taiwan Act

Sponsored byRepublican:Rep. Lucas, Frank D. [R-OK-3]OK· Introduced 24 February 2025
Open on Congress.gov

2

Cosponsors

20

Actions

0

Amendments

3

Committees

—

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

11 February 2026·5 months ago

Summary

Reported to House · Updated 6 February 2026

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.

Timeline

20 actions

  1. Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

    11 February 2026 · IntroReferral

  2. 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.

    9 February 2026 · Floor

  3. Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.

    9 February 2026 · Floor

  4. Motion to reconsider laid on the table Agreed to without objection.

    9 February 2026 · Floor

  5. Passed/agreed to in House: 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)

    9 February 2026 · Floor

  6. 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)

    9 February 2026 · Floor

  7. Considered as unfinished business. (consideration: CR H2082-2083)

    9 February 2026 · Floor

  8. DEBATE - The House proceeded with forty minutes of debate on H.R. 1531.

    9 February 2026 · Floor

  9. Considered under suspension of the rules. (consideration: CR H2078-2079)

    9 February 2026 · Floor

  10. Reported (Amended) by the Committee on Financial Services. H. Rept. 119-388, Part I.

    25 November 2025 · Committee

  11. Reported (Amended) by the Committee on Financial Services. H. Rept. 119-388, Part I.

    25 November 2025 · Committee

  12. Committee on Foreign Affairs discharged.

    25 November 2025 · Discharge

  13. Placed on the Union Calendar, Calendar No. 338.

    25 November 2025 · Calendars

  14. Committee on Foreign Affairs discharged.

    25 November 2025 · Committee

  15. Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 0.

    16 September 2025 · Committee

  16. Committee Consideration and Mark-up Session Held

    16 September 2025 · Committee

  17. Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    24 February 2025 · IntroReferral

  18. Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    24 February 2025 · IntroReferral

  19. Introduced in House

    24 February 2025 · IntroReferral

  20. Introduced in House

    24 February 2025 · IntroReferral

Sponsorship

2 cosponsors

Sponsor

Republican:Rep. Lucas, Frank D. [R-OK-3]OK

Cosponsors

  • Democrat150%
  • Republican150%

Classification

Policy area

International Affairs

Legislative subjects

AsiaBanking and financial institutions regulationChinaForeign and international bankingPresidents and presidential powers, Vice PresidentsSanctionsTaiwan

Committees

3

  • Financial Services Committee

    House · Standing

    • Referred To24 Feb 2025
    • Markup By16 Sept 2025
    • Reported By25 Nov 2025

  • Foreign Affairs Committee

    House · Standing

    • Referred To24 Feb 2025
    • Discharged From25 Nov 2025

  • Foreign Relations Committee

    Senate · Standing

    • Referred To11 Feb 2026

Reports

Cosponsor momentum

Cumulative over time

Cosponsors grew from 1 on 24 February 2025 to 2 on 16 September 2025.

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