Sec. 5110. China Financial Threat Mitigation
176 words·~1 min read·
/bill/117/hr/4350/eh/section-5110·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Secretary of the Treasury shall conduct a study and issue a report that includes a description and analysis of any risks to the financial stability of the United States and the global economy emanating from the People’s Republic of China, along with any recommendations to the United States representatives at the International Monetary Fund and the Financial Stability Board to strengthen international cooperation to monitor and mitigate such financial stability risks through the work of the International Monetary Fund and the Financial Stability Board. The Secretary of the Treasury shall transmit the report required under subsection
(a)no later than December 31, 2022, to the Committee on Financial Services of the House of Representatives, the Committee on Banking, Housing, and Urban Affairs of the Senate, the United States Executive Director at the International Monetary Fund, and any person representing the United States at the Financial Stability Board. The Secretary of the Treasury shall publish the report required under subsection
(a)on the website of the Department of the Treasury no later than December 31, 2022.