A bill calling for Taiwan’s accession to the International Monetary Fund (IMF), dubbed the “Taiwan Non-Discrimination Act,” was passed by a unanimous 48–0 vote by the House Financial Services Committee on March 5.
The bill, first introduced to the committee by Reps. Young Kim (R-Calif.) and Al Green (D-Texas) on Feb. 5, seeks to ensure that the U.S. actively promotes Taiwan’s admission to the International Monetary Fund amid China’s ongoing “lack of cooperation.”