Latest action: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Referred to one or more standing committees for review, hearings, and possible markup.
Specific committees not parsed from action data.
The committee may hold hearings, amend the bill, or let it die without action.
Next: Reported
Full chamber floor — Speaker / Majority Leader controls scheduling
Bill would require government review of American investments in certain foreign countries for national security reasons.
The problem
The U.S. government lacks systematic authority to review and restrict outbound investments in sensitive technology sectors that could strengthen foreign competitors or adversaries.
The proposal
Creates a federal review process for American companies' investments abroad in critical sectors, allowing the government to block deals deemed threats to national security.
The impact
American companies investing internationally face new regulatory requirements. Foreign countries may reciprocate with restrictions. Government agencies gain oversight authority over private investment decisions.
Prevents American companies from funding foreign development of advanced technologies that could threaten U.S. security interests. Keeps critical innovations from strengthening potential adversaries.
Many countries already screen foreign investments. This creates reciprocal rules and levels the playing field for American companies internationally.
Helps reduce U.S. dependence on foreign-controlled critical materials and technologies essential for national defense and infrastructure.
Provides businesses with defined rules about which investments need approval, reducing uncertainty compared to ad-hoc restrictions.
Companies face new compliance costs and delays for international expansion. Review processes could slow legitimate business deals and reduce competitiveness.
Foreign countries could restrict American investments or companies in response, harming U.S. firms operating abroad and reducing international market access.
Without clear definitions of what constitutes a national security threat, businesses face unpredictability and government decisions could become politically motivated.
Centralizes significant power in federal agencies to veto private financial decisions with limited judicial oversight or transparency requirements.
Generated by AI from the bill text. Not a prediction and not legal or policy advice. The percentage is the model's own rating of each item — self-reported, and not a measure of how accurate it is.
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Individual contributions, grouped by employer · FEC
Where their individual donors work · 2026 cycle
Money from people who work there, not from the company. Not tied to this bill.
Itemized individual contributions via FEC, grouped by the employer each contributor self-reported. Companies and unions cannot contribute to federal candidates from their treasuries, so these totals are money from people who work at an employer — never from the organization itself. They are campaign contributions covering a full election cycle and are not connected to this bill.
Senate LDA lobbying disclosures
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