MEDIA ADVISORY AND PRESS RELEASE 

(Houston, TX) — On Wednesday, March 5, 2025, the House Financial Services Committee passed the Taiwan Non-Discrimination Act out of a committee markup by a vote of 48-0. This bipartisan bill led by Congresswoman Young Kim and Congressman Al Green successfully passed the House of Representatives during the 118th Congress. The legislation aims to ensure that the United States takes action to support Taiwan’s admission to the International Monetary Fund (IMF). 

The IMF is a major global financial institution that promotes international economic cooperation and assists as a lender of last resort during major crises. Taiwan’s admission and participation in the IMF would not only deepen the nation’s engagement and influence in the global economy, but also strengthen the confidence of foreign institutions and individuals seeking to invest in Taiwan. 

Congressman Al Green stated, “I am proud to have partnered with Rep. Kim in the last Congress to pass the Taiwan Non-Discrimination Act, and I thank Rep. Kim for taking the lead on this legislation as we eagerly anticipate its successful passage this Congress. Taiwan deserves to rejoin the IMF, not only because of its status as a vibrant democracy, but also for its dynamic economy that contributes significantly to global growth. Taiwan’s inclusion would enhance the IMF's mission and promote stability and prosperity, embodying the values we uphold as we advocate for democratic principles worldwide.”