What it does
SourcedPressure 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- 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
- Nov 25, 2025Reported (Amended) by the Committee on Financial Services. H. Rept. 119-388, Part I.Library of Congress
- Feb 24, 2025Introduced in HouseLibrary of Congress
Recorded votes
Sourced- Feb 9, 2026 · HousePassed 395–2On Motion to Suspend the Rules and Pass, as Amended · needed two-thirds
Cosponsors
- Vicente Gonzalez D-TX-34
- Michael Lawler R-NY-17