S 1357 · 119th Congress · Finance and Financial Sector
SAFE Act
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2025-04-08)
Plain Language Summary
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[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1357 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1357 To amend the Securities Exchange Act of 1934 to address the issuance of securities by Chinese entities, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES April 8, 2025 Mr. Scott of Florida (for himself, Mrs. Blackburn, Mr. Cassidy, Mrs. Hyde-Smith, and Mr. Kennedy) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To amend the Securities Exchange Act of 1934 to address the issuance of securities by Chinese entities, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Secure America's Financial Exchanges Act'' or the ``SAFE Act''. SEC. 2. SECURITIES. (a) In General.--Section 6(b) of the Securities Exchange Act of 1934 (15 U.S.C. 78f(b)) is amended by adding …
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (4)
4 Republicans