H.R. 1531 · 119th Congress · pending

PROTECT Taiwan Act

Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

Latest official action 2026-02-11 · Referred

The bill, briefly

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.

Official bill, text and votes Full source record and risk review

Congressional Research Service · 2025-11-25

Who reported lobbying on this bill?

Amount spent specifically on this bill: not disclosed

The reports below name this bill and disclose an organization’s overall lobbying expenses or a firm’s client income for the period. They can cover many bills and issues. These amounts are not payments to the bill or its politicians.

No matching lobbying report is imported yet. This is not evidence that no lobbying occurred.

2,409 latest lobbying reports imported. Some source imports are still in progress.

Politicians behind the bill

Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.

Sponsor

Frank D. Lucas

House · OK District 3 · Republican

$722,374PAC receipts · 2025–2026

Cosponsor

Vicente Gonzalez

House · TX District 34 · Democratic

$1,401,344PAC receipts · 2025–2026

Cosponsor

Michael Lawler

House · NY District 17 · Republican

$1,926,188PAC receipts · 2025–2026

2 of 2 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.

PAC donors to the listed sponsors

These are all-cycle contributions to the listed sponsors’ and cosponsors’ campaigns. FEC does not attribute them to this bill. A donation plus sponsorship does not establish why a politician acted.

AMERICAN BANKERS ASSOCIATION PAC (BANKPAC)$30,000

Frank D. Lucas · Sponsor · $10,000

Vicente Gonzalez · Cosponsor · $10,000

Michael Lawler · Cosponsor · $10,000