Ordered to be Reported by the Yeas and Nays: 43 - 3.
International AffairsCongressional oversightBanking and financial institutions regulationFederal officialsFree trade and trade barriersU.S. and foreign investmentsBusiness investment and capitalSupply chain
Why This Matters
This bill sets up a program to help countries screen foreign investments for security risks. It aims to protect national security by ensuring that foreign investments do not harm critical infrastructure or technology.
If you care about national security, this bill could help prevent risky foreign investments in critical areas.
Who this affects
Foreign governments · U.S. national security interests
What changes is this bill making?
1The bill requires the Secretary of State to create a program for screening foreign investments.
2It aims to help other countries assess national security risks from foreign investments.
3The program will provide training and support to foreign governments on investment security.
4The Secretary of State must report annually on the program's activities and progress.
5The initiative will last for three years and focus on strengthening global investment security.