Lucas Bill to Hold China Accountable Passes

Washington, DC – Today, Congressman Frank Lucas’s (OK-03) Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act, or the PROTECT Taiwan Act, passed on the House floor.

Currently, under the Taiwan Relations Act, the President is required to notify Congress if China poses an immediate threat to Taiwan’s security. If this notification is triggered, H.R. 803 states that it is U.S. policy to exclude Chinese representatives from key international organizations – such as the G20, the Financial Stability Board, and the Basel Committee on Banking Supervision.

“Even in today’s partisan gridlock, one thing we can all agree on is that the Chinese Communist Party poses the greatest economic, political, and national security threat to the United States. While the world watched Russia’s rogue invasion on Ukraine in horror, it is our responsibility to ensure China does not attempt to emulate such blatant aggression on Taiwan,” said Congressman Lucas. “That’s why Congress must take the necessary steps to ensure Beijing would be subject to significant financial and economic consequences should it threaten our allies in Taiwan. The PROTECT Taiwan Act will do exactly that.”

Congressman Lucas spoke on the House floor on Wednesday in support of the PROTECT Taiwan Act, which you can watch by clicking here or on the image below.

BACKGROUND:

  • Last month, at a summit in San Francisco, Chinese president Xi Jinping told President Biden that Beijing will reunify Taiwan with mainland China.
  • 90% of advanced semiconductor chips are made at the Taiwan Semiconductor Manufacturing Campus (TSMC).
  • Beijing views the TSMC not only as a threat to its technological capability with the West, but also to its sovereignty. 
  • The PROTECT Taiwan Act passed on the House floor today.
  • Congressman Lucas previously introduced the PROTECT Taiwan Act last year. It is cosponsored by Reps. Vicente Gonzales (TX-34), Byron Donalds (FL-19), and Mike Lawler (NY-17).

###

Recent Posts


Feb 21, 2024
Agriculture

Lucas Stands Up for Oklahoma Beef Producers

Washington, DC – Today, Congressman Frank Lucas (OK-03) joined an effort to halt the Biden Administration’s rule allowing for the importation of fresh Paraguayan beef, which has historically been affected by the viral foot-and-mouth disease. The USDA’s most recent inspection of cattle in Paraguay was nearly a decade ago.  Congressman Lucas (OK-03) joined Rep. Ronny Jackson’s (TX-13) joint resolution […]



Feb 20, 2024
Agriculture

Lucas: USDA fails to deliver support to Oklahoma farmers.

Washington, DC – At today’s House Agriculture Committee hearing, Congressman Lucas questioned Secretary of Agriculture Tom Vilsack over the Biden Administration’s failed Emergency Relief Program (ERP). Congressman Lucas noted that producers in Oklahoma were feeling the negative affects of the ERP 2022 program. Secretary Vilsack questioned this claim, prompting Congressman Lucas to defend his constituents. Click here or […]



Feb 6, 2024
Economy

Secretary Yellen Dodges Basel Endgame Questioning

Washington, DC – Today, Congressman Lucas followed up with Secretary Yellen on whether Treasury has discussed the impact of the Basel Endgame proposal with the Federal Reserve. When asked a straightforward question on the detrimental impact of the proposal, Secretary Yellen had no answer. February 6, 2024 Lucas: “Are you concerned that the proposal will undermine the […]