# 119-hr-1716: Taiwan Conflict Deterrence Act of 2025

119-hr-1716, Taiwan Conflict Deterrence Act of 2025, is a 119th Congress bill sponsored by Rep. McClain, Lisa C. [R-MI-9] (R-MI); status passed_house; PRIA reads it as touching household money (as of 2026-07-19).

- Canonical: https://policyrisk.com/legislation/119-hr-1716
- As of: 2026-07-19
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-1716
- Congress: 119
- Title: Taiwan Conflict Deterrence Act of 2025
- Status: passed_house
- Introduced: 2025-02-27
- Sponsor: Rep. McClain, Lisa C. [R-MI-9] (R-MI)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-07-19

## Summary

**This bill would create a Treasury-led system to deter PRC influence around Taiwan by** identifying and constraining funds tied to top Chinese officials. It would also limit financial services available to immediate family members who benefit from those funds. - Immediate family members of listed Chinese officials could face restrictions on accounts and other financial services. Waivers or exemptions can be granted if funds were primarily acquired legally or if cooperation serves U.S. national security interests. - U.S. and foreign financial institutions would be named in Treasury reports when they hold or provide significant services for those funds, and institutions may be asked to cease accounts or cooperate as a condition for exemption. - The Secretary of the Treasury would deliver a Financial Institutions Report within 90 days after a presidential notice and provide an unclassified briefing within 30 days, then report annually for 3 years. Each report must cover at least 10 people, including members of the Politburo Standing Committee and other senior party bodies, and the unclassified portions must be publicly posted in English, Chinese, and other appropriate languages in downloadable formats.

## Cosponsors (1)

- Rep. Sherman, Brad [D-CA-32] (D-CA), 2025-02-27T00:00:00.000Z

## Provisions PRIA read

- Public reports on top Chinese funds: benefit, low. If enacted, Treasury would publish reports on funds tied to at least 10 top PRC officials. This would start within 90 days after a presidential threat notice and continue once a year for 3 years. Each report would estimate total money they control in banks and list the banks involved. Treasury woul…
- New bank limits on Chinese officials' families: mixed, medium. U.S. banks would be barred from significant transactions with listed officials. The ban could also cover immediate family if Treasury finds they benefit from those funds. This would not apply to U.S. intelligence, law enforcement, or national security work. The President could grant waivers and use…

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-6337: ROAD to Housing Act of 2025
- 119-hr-4312: SCORE Act
- 119-hr-6955: Main Street Capital Access Act
- 119-hr-3495: Direct Seller and Real Estate Agent Harmonization Act

## Sources
- [119-hr-1716 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/1716)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-6337: ROAD to Housing Act of 2025](https://policyrisk.com/legislation/119-hr-6337)
- [119-hr-4312: SCORE Act](https://policyrisk.com/legislation/119-hr-4312)
- [119-hr-6955: Main Street Capital Access Act](https://policyrisk.com/legislation/119-hr-6955)
- [119-hr-3495: Direct Seller and Real Estate Agent Harmonization Act](https://policyrisk.com/legislation/119-hr-3495)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-1716 (as of 2026-07-19).