Shutdown Guidance for Financial Institutions Act

Senate Bill

S. 2995

119th Congress

Shutdown Guidance for Financial Institutions Act

In Committee

Introduced:Oct 9, 2025

Primary Sponsor

Chris Van Hollen

Senator

Democratic

MD

Cosponsors

1

Quick Stats

Policy Area

International Affairs

Summary

The Taiwan International Solidarity Act requires the State Department to annually report to Congress on China's efforts to undermine Taiwan's participation in international organizations and relationships with other countries. This bill aims to provide more transparency and oversight regarding China's actions towards Taiwan on the global stage.

Latest Action

Read twice and referred to the Committee on Foreign Relations.

SponsorChris Van Hollen (D-MD)

Introduced10/9/2025

StatusRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

ChamberSenate

Data from Congress.gov

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Vote Prediction

Shutdown Guidance for Financial Institutions Act

The Taiwan International Solidarity Act requires the State Department to annually report to Congress on China's efforts to undermine Taiwan's participation in international organizations and relationships with other countries. This bill aims to provide more tr

Community Breakdown

Pass

0%

Fail

0%

0 predictions

The Taiwan International Solidarity Act requires the State Department to annually report to Congress on China's efforts to undermine Taiwan's participation in international organizations and relationships with other countries. This bill aims to provide more transparency and oversight regarding China's actions towards Taiwan on the global stage.

Bill Number: 2995
Sponsor: Chris Van Hollen (D-MD)
Introduced: 10/9/2025
Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy Area: International Affairs

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: Shutdown Guidance for Financial Institutions Act
Bill Number: 2995
Sponsor: Chris Van Hollen (D-MD)
Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced: 10/9/2025
Summary: The Taiwan International Solidarity Act requires the State Department to annually report to Congress on China's efforts to undermine Taiwan's participation in international organizations and relationships with other countries. This bill aims to provide more transparency and oversight regarding China

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

The Taiwan International Solidarity Act requires the State Department to annually report to Congress on China's efforts to undermine Taiwan's participation in international organizations and relationships with other countries. This bill aims to provide more transparency and oversight regarding China's actions towards Taiwan on the global stage.

Last updated: 12/29/2025

Official Summary

Congressional Research Service summary

Taiwan International Solidarity ActThis bill requires the Department of State to annually report to Congress on efforts by China to undermine Taiwan's participation in international organizations or Taiwan's relationships with other countries.

Key Points

Main provisions of the bill

Requires the State Department to submit an annual report to Congress on China's actions to restrict Taiwan's international engagement and relationships.
The report would cover China's attempts to block Taiwan's participation in international organizations and Taiwan's diplomatic ties with other countries.
The goal is to increase transparency and congressional oversight of China's policies towards Taiwan's international standing.

How This Impacts Americans

Potential effects on citizens and communities

If passed, this bill would affect the U.S. government's monitoring and reporting on China's treatment of Taiwan in the international arena. It could lead to greater awareness and scrutiny of China's actions, which could in turn influence U.S. policy towards Taiwan and its relationships with other nations.

Policy Areas

Primary Policy Area

International Affairs

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

2995, 119th Congress (2025). "Shutdown Guidance for Financial Institutions Act". Source: Voter's Right Platform. https://votersright.org/bills/118-s-2995