Sponsors (3)
The bill aims to attract higher-quality foreign investment and boost advanced-technology leadership—strengthening supply chains and protecting IP—while risking trade retaliation, a smaller FDI pool, added compliance burdens, and uneven regional gains depending on how narrowly 'trusted' investors are defined and how reviews are implemented.
Small businesses, middle-class families, and U.S. workers could gain jobs and new investment as the bill steers higher-quality foreign direct investment (FDI) from 'trusted' countries to the United States.
Tech workers and researchers could see more R&D activity and well-paid jobs as policies prioritize U.S. leadership in AI, quantum, IoT, self-driving tech, and blockchain.
Taxpayers and households could face fewer supply disruptions and more reliable access to essential goods because the bill promotes stronger, more resilient supply chains.
U.S. consumers and exporters could face higher costs and reduced market access if targeting China-linked or other flagged entities prompts reciprocal restrictions or broader trade tensions.
Small businesses and some regions could see less overall investment if narrowing the definition of 'trusted' investors shrinks the pool of inbound FDI and slows job-creating deals.
Companies seeking inbound investment could face higher compliance and screening costs if the bill leads to stricter review processes or new restrictions on certain foreign investors.
Based on analysis of 3 sections of legislative text.
Requires an interagency review and report on U.S. competitiveness for attracting FDI from responsible private‑sector entities in trusted countries, emphasizing advanced tech and supply chains.
Introduced February 27, 2025 by Gabe Evans · Last progress June 24, 2025
Directs the Secretary of Commerce, with the Comptroller General and other agencies, to lead an interagency review of U.S. competitiveness in attracting foreign direct investment (FDI) from “responsible private‑sector entities” in “trusted countries,” with particular focus on advanced technology sectors, resilient supply chains, and reducing dependence on China. The bill also states Congress’s nonbinding view that attracting FDI from trusted partners supports U.S. prosperity and security, and it requires public notice, two rounds of public comment, and a report to Congress with findings and recommendations within one year of enactment.