PROTECT Taiwan Act

The PROTECT Taiwan Act requires U.S. agencies to bar representatives of China from attending meetings of six major international financial organizations (including the Bank for International Settlements and Financial Stability Board) if the President declares that China's actions threaten Taiwan's security or U.S. interests. It directs the Treasury, Federal Reserve, and SEC to implement this exclusion policy. The law expires automatically after five years unless the President notifies Congress that continuing it serves U.S. national interests. This is a procedural policy change affecting U.S. participation in international financial forums, not a direct economic or security measure.