The bill would require the Treasury Secretary, working with several federal agencies, to study the United States’ exposure to China’s financial sector and prepare a report. The report would assess risks to U.S. and global financial systems, describe current U.S. policies, evaluate the quality of China’s economic data, and recommend further actions and international cooperation. Treasury would send and publish the report within one year after the bill becomes law. The report would be unclassified but could include a classified annex.
The bill requires a study and public report. It does not specify changes to financial rules or services for individuals.
The bill does not specify costs or funding.
No publicly available information.
No publicly available information.