The US bill aims to use financial mechanisms to prevent the mainland from taking action against Taiwan.

On February 9th local time, the United States House of Representatives passed the so-called "Protect Taiwan Act" with 395 votes in favor and 2 against. The bill was introduced by Republican federal congressman Frank Lucas and seeks to use financial mechanisms to "prevent mainland China from taking action against Taiwan." However, some Taiwanese people believe that this move by the House of Representatives also reflects that the United States is not willing to intervene in the Taiwan Strait militarily. According to a summary released on the U.S. House of Representatives website, the bill asserts that when the President of the United States informs Congress that the actions of the mainland China threaten Taiwan and endanger U.S. interests, the federal government should take action to exclude China from organizations such as the G20, International Settlements Bank, Financial Stability Board, Basel Bank Supervisory Committee, International Association of Insurance Supervisors, and International Securities Affairs Regulatory Committee. The bill states: "If the U.S. President issues such notification to Congress, the bill requires the U.S. Treasury Department, the Federal Reserve, and the U.S. Securities and Exchange Commission to take all necessary actions to advance the exclusion policy." However, the bill also contains exemptions that allow the U.S. President to designate a certain international organization as not applicable in cases that align with U.S. national interests. Lucas claimed that he introduced this bill to "send a message" that "if mainland China uses force to attack Taiwan, they must be prepared to bear the corresponding consequences." After passing in the House of Representatives, the bill will be submitted for review by the U.S. Senate. Only if it is approved by the Senate, will it be presented to U.S. President Trump.