WHAT THE LAW DOINCongress, in plain words

H.R. 1531 · 119th Congress

PROTECT Taiwan Act

Passed HouseInternational Affairs
IntroducedFeb 24, 2025
Passed HouseFeb 9, 2026
Passed SenateNot yet
To PresidentNot yet
Became lawNot yet

Where it stands

Passed House. Latest step, Feb 11, 2026: Received in the Senate and Read twice and referred to the Committee on Foreign Relations. The House passed it 395–2. All 4 of Iowa's representatives voted yes in the House. It would change 0 sections of existing law and would add 1 new provisions of its own.

How this bill changes the law

Sourced

H.R. 1531 doesn't change any existing section of law. It would create 1 new provision of its own. Read from the bill text as sent to the Senate (Feb 11, 2026).

New provisions of the bill's own

  • Sec. 2 Statement of policy regarding the exclusion of representatives of the people’s republic of china from certain banking organizations upon notice of certain threats or danger
What the words would change: every change, in place (0)

Today's wording of each part of the law, with what would be struck out and added. Each change also gives the bill's own instruction, word for word.

    From the bill's official text on GovInfo and the U.S. Code, latest edition, which may not yet show changes made since.

    What it does

    Sourced

    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.

    Official summary by the Congressional Research Service (Reported to House, Nov 25, 2025).

    Our plain-language breakdown, with what it means for you and the case for and against, is written once a bill starts to move.

    What has happened

    Sourced
    1. Feb 9, 2026Passed/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) Roll call recordLibrary of Congress
    2. Nov 25, 2025Reported (Amended) by the Committee on Financial Services. H. Rept. 119-388, Part I.Library of Congress
    3. Feb 24, 2025Introduced in HouseLibrary of Congress

    Show all 20 recorded actions

    Recorded votes

    Sourced
    1. Feb 9, 2026 · HousePassed 395–2
      On Motion to Suspend the Rules and Pass, as Amended · needed two-thirds
      R 198 yes, 1 noD 197 yes, 1 noEach member · Record

    Cosponsors

    • Vicente Gonzalez D-TX-34
    • Michael Lawler R-NY-17