,,ii  #aaith ,,congress  #ast ,session  
,s4 #aaac  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,march #be1    
#bjbe,mr4 ,warner 7for himself1 ,mr4    
,rounds1 and ,ms4 ,lummis7 introduced   
the following bill2 which was read twice
 and referred to the ,committee on      
,banking1 ,housing1 and ,urban ,affairs 
,a ,,bill  ,to require the ,secretary of
 the ,treasury to conduct a study and   
prepare a report on the exposure of the 
,united ,states to the financial sector 
of the ,people's ,republic of ,china1   
and for other purposes4  #a4 ,short     
title ,this ,act may be cited as the    
,china ,financial ,threat ,mitigation   
,act of #bjbe4  #b4 ,study and report on
 financial threat mitigation with       
respect to ,people's ,republic of ,china
  7a7 ,in general ,not later than one   
year after the date of the enactment of 
this ,act1 the ,secretary of the        
,treasury1 in consultation with the     
,chairman of the ,board of ,governors of
 the ,federal ,reserve ,system1 the     

,chairman of the ,securities and        
,exchange ,commission1 the ,chairman of 
the ,commodity ,futures ,trading        
,commission1 and the ,secretary of      
,state1 shall conduct a study and       
prepare a report on the exposure of the 
,united ,states to the financial sector 
of the ,people's ,republic of ,china    
that includes-- 7#a7 an assessment of   
the effects of significant risks in the 
financial sector of the ,people's       
,republic of ,china on the ,united      
,states and global financial systems2   
7#b7 a description of the policies the  
,united ,states ,government is adopting 
to protect the financial stability of   
the ,united ,states and the global      
economy from any risks assessed under   
paragraph 7#a72  7#c7 a description and 
evaluation of the transparency1         
completeness1 and reliability of        
economic data from the ,people's        
,republic of ,china2 and  7#d7          
recommendations for additional actions  
the ,united ,states ,government1        

including ,united ,states               
representatives at relevant             
international organizations1 should take
 to strengthen international cooperation
 to monitor and mitigate financial      
stability risks from the ,people's      
,republic of ,china and to protect the  
interests of the ,united ,states4  7b7  
,transmission of ,report ,not later than
 one year after the date of the         
enactment of this ,act1 the ,secretary  
of the ,treasury shall transmit the     
report required under subsection 7a7    
to-- 7#a7 the ,committee on ,banking1   
,housing1 and ,urban ,affairs and the   
,committee on ,foreign ,relations of the
 ,senate2  7#b7 the ,committee on       
,financial ,services and the ,committee 
on ,foreign ,affairs of the ,house of   
,representatives2 and  7#c7 the         
representatives of the ,united ,states  
at relevant international organizations1
 as appropriate4  7c7 ,classification of
 report ,the report required under      
subsection 7a7 shall be unclassified1   

but may contain a classified annex4  7d7
 ,publication of report ,not later than 
one year after the date of enactment of 
this ,act1 the ,secretary of the        
,treasury shall publish the report      
required under subsection 7a7 7other    
than any classified annex7 on the       
website of the ,department of the       
,treasury4