Foreign Adversary Investment Prohibition Act

This bill would bar Members of Congress from making certain financial deals while they are in office if those deals benefit, directly or indirectly, a foreign adversary or a company owned or run by one. The goal is to reduce conflicts of interest tied to countries seen as adversaries of the United States.

If the rule is broken, the Department of Justice can take the case to court. The civil fines are up to $5,000 for a first violation, $10,000 for a second, and $15,000 for each one after that. “Member of Congress” includes Senators, Representatives, Delegates, and the Resident Commissioner.

Key points

• Who is affected: Members of Congress (Senators, Representatives, Delegates, Resident Commissioner)
• What changes: They cannot conduct certain financial transactions that benefit a foreign adversary or an entity it owns or operates, while in office
• Enforcement: The Attorney General may bring a civil case in federal court
• Penalties: Up to $5,000 for the first violation, $10,000 for the second, and $15,000 for each additional violation