FIRST ON FOX: Deterring China is a top priority in Congress for the House’s number four Republican.

Michigan Rep. Lisa McClain, GOP conference chairwoman, is putting forth legislation that would expose the assets of top CCP officials and bar them from using U.S. banking systems if China chooses to invade Taiwan.

Her bill would require the Treasury secretary to unleash details about illegal assets held by Chinese officials and “expose all the players” to show where their money is coming from to the public.

The U.S. has for decades operated under a deliberately vague “One China” policy that supports Taiwan with military aid but refuses to say whether America would defend Taiwan if China were to invade.

“This is deterrence. The U.S. can’t risk an invasion of Taiwan that would interrupt our critical supply chains,” McClain, a member of the Financial Services Committee, told Fox News Digital. “We need to keep the pressure up, we need to remember that China is not our friend.”

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