# 119-s-3447: Fortifying United States Markets Against PRC Military Escalation Act of 2025

119-s-3447, Fortifying United States Markets Against PRC Military Escalation Act of 2025, is a 119th Congress bill sponsored by Sen. McCormick, David [R-PA] (R-PA); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-s-3447
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-3447
- Congress: 119
- Title: Fortifying United States Markets Against PRC Military Escalation Act of 2025
- Status: introduced
- Introduced: 2025-12-11
- Sponsor: Sen. McCormick, David [R-PA] (R-PA)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Assess and prepare U.S. markets for PRC military escalation toward Taiwan.** This bill would create an Advisory Committee within the Financial Stability Oversight Council to study market vulnerabilities, advise policy makers, and coordinate with capital market participants to limit economic strain and volatility. - Policy makers and federal agencies would receive vulnerability studies and recommendations every three years and targeted briefings to Congress and the Secretary of State. - Capital market participants would have direct representation through 10 appointed private-sector seats and a designated private-sector lead to surface risks and coordinate preparedness. - The committee would analyze estimated total costs to the U.S. economy, potential market losses and volatility, effects on securities issued by entities in China or Taiwan and listed in U.S. exchanges, and risks from reductions in Chinese holdings of U.S. Treasury debt.

## Cosponsors (1)

- Sen. Shaheen, Jeanne [D-NH] (D-NH), 2025-12-11T00:00:00.000Z

## Provisions PRIA read

- New advisory panel on China-Taiwan risks: benefit, low. This bill would create an advisory committee to advise the Financial Stability Oversight Council on market risks from possible PRC military escalation toward Taiwan. The Treasury Secretary would chair the committee. It would include designees from the SEC, CFTC, and the Federal Reserve and ten priv…

## Related bills

- 119-s-2120: Older Americans Act Reauthorization Act of 2025
- 119-s-3659: SECURE Minerals Act of 2026
- 119-s-1748: Kids Online Safety Act
- 119-s-5252: BLADE Act
- 119-s-1541: SHIPS for America Act of 2025
- 119-s-2904: SHADOW Fleet Sanctions Act of 2026

## Sources
- [119-s-3447 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3447)

## Related
- [119-s-2120: Older Americans Act Reauthorization Act of 2025](https://policyrisk.com/legislation/119-s-2120)
- [119-s-3659: SECURE Minerals Act of 2026](https://policyrisk.com/legislation/119-s-3659)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-5252: BLADE Act](https://policyrisk.com/legislation/119-s-5252)
- [119-s-1541: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-s-1541)
- [119-s-2904: SHADOW Fleet Sanctions Act of 2026](https://policyrisk.com/legislation/119-s-2904)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-3447 (as of 2026-04-21).