S 5347
China Financial Threat Mitigation Act of 2024
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- Passed House
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- Became Law
Bill overview
This bill directs the Treasury Secretary to conduct a comprehensive study and produce a report on the potential financial risks posed by China’s financial sector to the United States and the global economy. The study will assess the impact of China’s financial reforms, outline U.S. government policies to protect American interests, and identify risks to financial stability. Finally, the report will recommend further actions to strengthen international cooperation and mitigate these risks.
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