Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2022
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Mar 2, 2022)
Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2022
This bill requires sanctions and other actions if China's government makes any attempt to subject Taiwan to China's control, including by invading Taiwan's territory.
If China's government makes such an attempt, the bill requires certain actions, including (1) the imposition of sanctions against Chinese nationals, citizens, and entities that participate in the attempt; and (2) a prohibition against trading in the securities of Chinese entities on national securities exchanges.
What just happenedMar 2, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Introduced in SenateMar 2, 2022
- Mar 2, 2022IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Mar 2, 2022IntroReferral10000
Introduced in Senate