H.R. 3635

119th CONGRESS 1st Session

To prohibit Members of Congress from conducting certain financial transactions involving a foreign adversary of the United States, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES · May 29, 2025 · Sponsor: Mr. Kean

Table of contents

• H.R. 3635
  • SEC. 1. Short title
  • SEC. 2. Prohibition with respect to certain transactions by Members of Congress with a foreign adversary

SEC. 1. Short title

• This Act may be cited as the Foreign Adversary Investment Prohibition Act.

SEC. 2. Prohibition with respect to certain transactions by Members of Congress with a foreign adversary

• (a) In general
  • A Member of Congress may not, during the term of service of the Member of Congress, conduct any covered financial transaction that benefits, directly or indirectly, a foreign adversary or an entity owned or operated by a foreign adversary.
• (b) Civil enforcement
  • (1) In general
    • The Attorney General may bring a civil action in an appropriate district court of the United States against any person who violates, or whom the Attorney General has reason to believe is engaging in conduct that violates, subsection (a).
  • (2) Civil penalty
    • If the court finds by a preponderance of the evidence that a person violated subsection (a), the court shall impose a civil penalty of not more than—
      • in the case of a first violation of subsection (a), $5,000;
      • in the case of a second violation of subsection (a), $10,000; and
      • in the case of each violation of subsection (a) after a second violation under subparagraph (B), $15,000.
• (c) Definitions
  • In this section:
    • The term foreign adversary means—
    • The term Member of Congress means a Senator or Representative in, or Delegate or Resident Commissioner to, the Congress.