Bunny Hill
L1 1.0 finance hr7007-119

Governing for the People Act

Why China-relevant: Governing for the People Act contains a provision directly naming People's Republic of China that requires a report on PRC-Iran oil transactions, PRC purchases of Iranian oil since 2020, methods PRC uses to insulate itself from sanctions, PRC financial transactions related to Iranian chemical precursors, and determinat

Sponsor: McGovern, James P. (D-MA) · 0 cosponsors

Path to becoming law

  1. Introduced
  2. Passed committee next step
  3. Passed House
  4. Passed Senate
  5. Sent to President
  6. Became law

done next step still ahead

Legislative timeline — dated actions so far

  1. Filed
Stage: In committee

58% to become law · 53% to clear committee

For context: only ~2% of introduced bills ever become law, so every estimate starts near that baseline — the factors below show what moves this bill above or below the average bill.

  • − No cosponsors
  • − No companion bill in the other chamber
  • − Sponsor's party does not control both chambers

Legislative likelihood — a tracking indicator, not investment advice.

Signals — secondary, directional

PRC retaliation risk high Hawkishness 4

Directional context (see Methodology); the pinned, high-confidence axes are relevance and asset impact.

Shares that might be influenced

Each sector shows a direction (which way its China-related names are pushed) and, for precise mappings, how hard this bill hits the sector — rated marginal → very strong (1–5). Hover any chip for its definition. The headline 0–5 impact is at the top of the card.

China Financials negative moderate (3/5) precise 359 names

Congressional report requiring assessment of whether PRC is conducting sanctionable activities related to Iran oil purchases creates risk of secondary sanctions on Chinese financial institutions and energy companies involved in Iran oil trade.

Top 10 of 359 by market cap Full roster · Premium

Ticker Name (Local) Name (EN) Restriction Lists
601939.SS 建设银行 CCB
601398.SS 工商银行 ICBC
0005.HK 汇丰控股 HSBC Holdings
601288.SS 农业银行 AGRICULTURAL BANK OF CHINA
601988.SS 中国银行 Bank of China
601318.SS 中国平安 Ping An Insurance
601628.SS 中国人寿 China Life
600036.SS 招商银行 CMB
1299.HK 友邦保险 AIA Group Limited
601658.SS 邮储银行 PSBC
+349 more