Congressman Williams Introduces China Financial Threat Mitigation Act of 2025

WASHINGTON, D.C. - Today, Congressman Roger Williams (TX-25), alongside Congressman Josh Gottheimer (NJ-5), introduced the China Financial Threat Mitigation Act of 2025. This bipartisan bill assesses potential risks, evaluates current U.S. government policies, and recommends actions to mitigate financial stability threats stemming from China.

“As the threat of the Chinese Communist Party’s interference and aggression continues to rise, our financial systems must be prepared to proactively stop any wrongdoing by the CCP,” said Congressman Williams. “My bill mitigates the threats associated with China’s shadow banking sector by allowing U.S. officials to work with allies to safeguard global financial stability and effectively holds China accountable for financial abuses and manipulation. Our priority should always be protecting American values, and this bill ensures we can proactively monitor and address these risks.”

“The Chinese Communist Party has made it abundantly clear that it is willing to leverage technology to monitor and steal Americans’ sensitive data. We must do more to fend off CCP-driven economic espionage and protect American innovation,” said Congressman Josh Gottheimer (NJ-5).“That’s why I’m introducing the China Financial Threat Mitigation Act with Congressman Williams to shore up our financial systems and maintain America’s economic leadership abroad. I will always stand up against anti-democratic threats, like the CCP, that aim to undermine the United States of America, the greatest country in the world." 

Read the bill text here.

Background:

• China’s economic data has been criticized for lack of transparency, manipulation, and inconsistencies.
• Reliable data is crucial for the U.S. government to accurately assess financial exposure and make informed decisions.
• This bill requires the Secretary of the Treasury to conduct a study on the exposure of the U.S. financial sector to risks from the financial sector of the People’s Republic of China.

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Congressman Roger Williams is the Chairman of the House Small Business Committee and member of the House Financial Services Committee. He proudly represents the 25th Congressional District of Texas.