Reported by CommitteeFiled Feb 25, 2026
Sponsor: Rep. Castro, Joaquin [D-TX-20] (D)
Latest Action
Ordered to be Reported by the Yeas and Nays: 43 - 3.
Mar 26, 2026
Summary
The bill directs the Secretary of State to create an Initiative on Foreign Investment Screening within 180 days, and the program will run for three years. It will give partner countries technical assistance, training and coordination to screen foreign investments that could endanger critical infrastructure, sensitive technology, or supply chains. The goal is to boost U.S. national security by improving allies’ ability to guard against malign foreign influence.
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