Fortifying United States Markets Against PRC Military Escalation Act of 2025

This bill would create an advisory committee to advise the Financial Stability Oversight Council on how military escalation by China toward Taiwan could affect U.S. markets and the economy. The Secretary of the Treasury would chair the committee, which would include designees from the SEC, the CFTC, and the Federal Reserve, plus 10 appointed members from private capital markets and experts on China-related geopolitical risk. The committee would meet in person at least twice a year. Every 3 years it would study risks to the U.S. economy and financial system, give recommendations to the Council, brief Congress and the Secretary of State, and hold a public meeting that leaves out national security details.

Full text and official record on Congress.gov

Sponsors

• David McCormick Republican sponsor
• 1 cosponsors