Bill orders study on attracting foreign investment from allied nations
Passed one chamberH.R. 1679Latest action
Sponsor: Gabe Evans · Representative · CO
AIDecoded by AI · checked against the recordRead the official text
Official title: Global Investment in American Jobs Act of 2025
119th Congress
Topics: Security & foreign affairs
Introduced:
Read the official bill on Congress.govIn plain words
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The bill requires a federal study and report to Congress on boosting foreign investment from "trusted" countries within one year.
45-second read · 4 questions answered below
What does this do?
This bill directs the Secretary of Commerce, with the and other agencies, to study how the U.S. can better compete for foreign investment from businesses in countries not considered foreign adversaries. The study covers investment trends, U.S. policy impacts, risks from state-controlled foreign companies (especially those tied to the Chinese Communist Party), barriers like data localization and IP theft, and strategies used by other countries and U.S. states. It does not cover the separate CFIUS national security screening process.
Who does it affect?
Federal agencies, especially the Department of Commerce, must conduct the review; Congress will receive the resulting report and recommendations.
Why does it matter?
The requirement means agencies must devote time and resources to research rather than immediate policy change; any effect on businesses, workers, or foreign companies would only follow later congressional action.
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Where does it stand?
- IntroducedFeb 27, 2025
- House committee
- House vote
- SenateYou are here · Jun 24, 2025
- The president's desk
Right now: it passed the House, and the official record shows nothing new since. If the Senate changes it, it goes back to the House before reaching the president.
Latest action: — Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.