Taiwan Conflict Deterrence Act of 2025

This bill would require the Treasury Department to report to Congress about money held by certain Chinese Communist Party members if the President decides China is threatening U.S. interests. The report would include how much money these officials have, what kind of money it is, which banks hold it, and how they got it, including any illegal ways. After this report, U.S. banks would be banned from doing major financial transactions with these Chinese officials and their families, though there are exceptions for intelligence and national security work and the President can waive the ban in some cases.

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