WASHINGTON, D.C. — A bipartisan group of U.S. Senators introduced the Taiwan Non-Discrimination Act this week, signaling strong Congressional support for Taiwan’s inclusion in the International Monetary Fund (IMF). The proposed legislation, championed by Senators Dave McCormick (R-PA), Jacky Rosen (D-NV), Dan Sullivan (R-AK), and Elissa Slotkin (D-MI), seeks to bolster Taiwan’s role within the global financial system and resist efforts to marginalize the nation internationally.
“Taiwan is one of our largest trading partners and a key exporter of advanced technology that powers devices Americans use each and every day,” said Senator McCormick. “This is an economic partnership that benefits the United States, and the Chinese Communist Party should never have a de facto veto over Taiwan’s participation in international commerce.”
The legislation emphasizes Taiwan’s pivotal position as the 21st largest global economy and the producer of 90% of the world’s advanced semiconductor chips. Despite its economic significance, Taiwan is not an IMF member, even as it participates in other global forums such as the World Trade Organization and the Asian Development Bank. The bill highlights the importance of providing Taiwan with opportunities for economic cooperation and representation at the IMF.
“The United States cannot allow the Chinese Communist Party to bully democratic allies like Taiwan out of the global financial system,” added Senator Rosen. “This bipartisan bill sends a clear message: Taiwan deserves a voice in international institutions like the IMF.”
Senator Sullivan pointed to geopolitical concerns, stating, “Taiwan’s lack of engagement in international organizations is being used by the dictators in Beijing to delegitimize, isolate, and eventually absorb Taiwan. We cannot allow that to happen.”
Introduced as the Senate companion to H.R. 910, which passed the House Financial Services Committee in March, the legislation directs the U.S. Governor of the IMF to advocate for Taiwan’s admission should Taiwan seek membership. It also supports measures enabling Taiwan to participate in the IMF’s economic surveillance activities, access technical training, and secure employment opportunities for its citizens within the institution.
Senator Slotkin emphasized Taiwan’s economic relevance, particularly its semiconductor production, asserting, “They should return to the International Monetary Fund. The bipartisan Taiwan Non-Discrimination Act of 2025 works toward that goal and reinforces our commitment to Taiwan and strengthening our partnership.”
This legislative push comes amid growing bipartisan unity in countering Beijing’s economic and political pressures. With its introduction, the Taiwan Non-Discrimination Act positions the U.S. as a prominent advocate for Taiwan’s global financial inclusion.
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