US House Passes Taiwan Conflict Deterrence Act

The US House of Representatives unanimously passed the Taiwan Conflict Deterrence Act, aimed at curbing Chinese aggression against Taiwan by threatening to expose illicit financial assets of top Chinese Communist Party (CCP) officials if hostilities occur. The act, introduced by Representatives French Hill and Brad Sherman, mandates the US Treasury to publish the financial dealings of these officials, effectively cutting them off from the US financial system. Hill emphasized that this legislation not only reveals the wealth of corrupt officials but also serves to hold them accountable to the Chinese populace, who suffer under the regime's inequality. Additionally, the Pacific Partnership Act was also passed, focusing on strengthening US ties with Taiwan and Pacific allies without directly targeting China. Both bills reflect the US's strategic response to China's military ambitions while reinforcing cooperation in the region. The Taiwan Conflict Deterrence Act still requires Senate approval to become law, amidst concerns over the timing given upcoming elections.