A bill to amend the Financial Stability Act of 2010 to establish an advisory committee on economic impacts of military escalation by the People's Republic of China toward Taiwan, and for other purposes.
Sponsored by
Sen. McCormick, David [R-PA]
ID: M001243
Bill's Journey to Becoming a Law
Track this bill's progress through the legislative process
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
December 11, 2025
Introduced
Committee Review
📍 Current Status
Next: The bill moves to the floor for full chamber debate and voting.
Floor Action
Passed Senate
House Review
Passed Congress
Presidential Action
Became Law
📚 How does a bill become a law?
1. Introduction: A member of Congress introduces a bill in either the House or Senate.
2. Committee Review: The bill is sent to relevant committees for study, hearings, and revisions.
3. Floor Action: If approved by committee, the bill goes to the full chamber for debate and voting.
4. Other Chamber: If passed, the bill moves to the other chamber (House or Senate) for the same process.
5. Conference: If both chambers pass different versions, a conference committee reconciles the differences.
6. Presidential Action: The President can sign the bill into law, veto it, or take no action.
7. Became Law: If signed (or if Congress overrides a veto), the bill becomes law!
Bill Summary
No summary available
💰 Campaign Finance Network
Sen. McCormick, David [R-PA]
Congress 119 • 2024 Election Cycle
No committee contributions found
Cosponsors & Their Campaign Finance
This bill has 1 cosponsors. Below are their top campaign contributors.
Sen. Shaheen, Jeanne [D-NH]
ID: S001181
Top Contributors
10
Donor Network - Sen. McCormick, David [R-PA]
Hub layout: Politicians in center, donors arranged by type in rings around them.
Showing 31 nodes and 33 connections
Total contributions: $165,500
Top Donors - Sen. McCormick, David [R-PA]
Showing top 25 donors by contribution amount