Ban Congress from Foreign Deals
Official: Foreign Adversary Investment Prohibition Act
This bill stops Members of Congress from engaging in financial transactions with countries considered foreign adversaries. It aims to prevent conflicts of interest and protect national security.
1. This bill prevents Members of Congress from making financial deals with certain foreign countries. 2. It specifically targets transactions that benefit foreign adversaries of the United States. 3. Violations can lead to civil penalties ranging from $5,000 to $15,000. 4. The Attorney General can take legal action against those who break this rule. 5. The bill defines foreign adversaries to include countries like China, Russia, and Iran.
Members of Congress and foreign adversaries like China and Russia.