1. Short title This Act may be cited as the Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2023 . 2. Findings Congress makes the following findings: (1) Taiwan is a self-governing polity with all the attributes of a constitutional democratic republic and consistently achieves exceedingly high scores from Freedom House’s Freedom in the World Index. (2) Taiwan practices and enshrines in law a free market and entrepreneurial economy and consistently achieves exceedingly high scores in the Heritage Foundation's Index of Economic Freedom. (3) Taiwan’s government and political culture cherish individual rights and the protection of ethnic minorities, and do so through respect for the rule of law. (4) Taiwan’s democracy, free market economy, and cultural, industrial, and scientific achievements have made it a model for the world as it contributes greatly to the peace, prosperity, and well-being of the United States and all other countries that trade and cooperate with Taiwan despite the constraints on trade and cooperation resulting from the threats and intimidation by the Communist Party of China against countries that seek relations with Taiwan. (5) Section 2(b) of the Taiwan Relations Act ( 22 U.S.C. 3301(b) ) asserts that it is the policy of the United States— (A) to declare that peace and stability in the area are in the political, security, and economic interests of the United States, and are matters of international concern ; (B) to make clear that the United States decision to establish diplomatic relations with the People's Republic of China rests upon the expectation that the future of Taiwan will be determined by peaceful means ; (C) to consider any effort to determine the future of Taiwan by other than peaceful means, including by boycotts or embargoes, a threat to the peace and security of the Western Pacific area and of grave concern to the United States