H.R. 1531 · Where this bill is now
In the Senate
Passed the House Feb 9, 2026. Received Feb 11, 2026; no Senate vote yet
What this bill does
In plain words · AI-written from the official summarySets policy to exclude China from financial organizations
This bill establishes a policy where the federal government would work to remove Chinese representatives from six major international financial organizations—like the Group of Twenty and the Bank for International Settlements—if the President tells Congress that China's actions threaten Taiwan or U.S. interests. If that happens, the Treasury Department, Federal Reserve, and Securities and Exchange Commission would be required to take steps to push for China's exclusion from these organizations, though the President could waive this requirement if it serves the national interest.
How it affects you
This bill doesn't have a direct effect on everyday Americans' daily lives. It's about how the U.S. government might respond diplomatically and through international financial institutions if certain conditions occur involving China and Taiwan. Most people won't notice a change unless such a situation develops and the policy is put into action.
Read the official summary (Reported to House, Nov 25, 2025)
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.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionH. R. 1531
AN ACT
PROTECT Taiwan Act
Sponsor: Rep. Frank D. Lucas (R-OK-3) · Introduced Feb 24, 2025 · International Affairs · 4 versions of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Feb 11, 2026: “Received in the Senate and Read twice and referred to the Committee on Foreign Relations.”
How Congress voted
Official roll callsHouse · On Motion to Suspend the Rules and Pass, as Amended · Feb 9, 2026
Motion to Suspend the Rules and Pass, as Amended Passed 395–2
| Party | Yes | No | Didn’t vote |
|---|---|---|---|
| Democrats | 197 | 1 | 16 |
| Republicans | 198 | 1 | 19 |
2 members voted against most of their party: 1 Democrats voted No and 1 Republicans voted No.
Congress votes on whole bills and amendments, not on single sections.
Sections
The wording of this bill hasn’t changed across its 4 official versions.