Fortifying United States Markets Against PRC Military Escalation Act of 2025

S 3447 establishes the Advisory Committee on Economic Impacts of Military Escalation by the People's Republic of China toward Taiwan. This committee, composed of federal financial regulators and private sector experts, will study how potential Chinese military actions near Taiwan could affect U.S. markets, including estimated economic costs, market volatility risks, and impacts on securities listed in the U.S. The committee must conduct a comprehensive study within three years of the bill's enactment and submit recommendations to the Financial Stability Oversight Council, Congress, and the Secretary of State. It will hold public meetings to share findings, excluding sensitive national security details. The bill directly affects financial markets, regulators, and institutions participating in capital markets.