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A bill to restrict the Chinese Government from accessing United States capital markets and exchanges if it fails to comply with international laws relating to finance, trade, and commerce.

S. 3945 Sen. J. Vance (R-OH) In committee
  1. Introduced Mar 14
  2. Committee Mar 14
  3. Passed Senate Next
  4. Passed House Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, Mar 14, 2024Next: Senate vote
958d ago Mar 14, 2024: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
1company, 1 filing
Member trades
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Summary

This bill would restrict the Chinese government from accessing U.S. capital markets and exchanges if it fails to comply with certain international laws related to finance, trade, and commerce. Section 1, Conditional Access for the Chinese Government to United States Capital Markets and Exchanges: This section defines key terms, including 'applicable laws' (such as the doctrine of state succession, transparency rules, and laws against discriminatory payments) and 'applicable United States entity' (covering a wide range of financial institutions, exchanges, and government agencies). If the Secretary of the Treasury, in consultation with the Committee on Foreign Investment in the United States, determines that the Chinese government is not complying with these specified international laws, the Secretary must prohibit any applicable U.S. entity from accepting new investments or effecting transactions for others related to new investments from the Chinese government or entities under its control.

Summary of the bill text as introduced in Senate (Mar 14, 2024), generated by SecBot from the official bill text; the Library of Congress summary is not yet published.

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.