Bill
HR 3635
Overview: HR 3635, Foreign Adversary Investment Prohibition Act, Introduced in House, Introduced on May 29, 2025.Purpose and Intent: The Foreign Adversary Investment Prohibition Ac
Overview: HR 3635, Foreign Adversary Investment Prohibition Act, Introduced in House, Introduced on May 29, 2025.
Purpose and Intent: The Foreign Adversary Investment Prohibition Act aims to restrict investments and acquisitions in the United States by entities from countries deemed to be foreign adversaries. The goal is to protect national security and critical infrastructure from potential exploitation or control by hostile foreign powers.
Key Provisions:
- Prohibits investments or acquisitions in the U.S. by entities from designated foreign adversary countries, such as China, Russia, Iran, and North Korea.
- Grants the Committee on Foreign Investment in the United States (CFIUS) expanded authority to review and block transactions involving foreign adversary entities.
- Requires increased transparency and reporting for investments and acquisitions by foreign entities, even those not from designated adversary countries.
- Imposes civil and criminal penalties for violations of the investment restrictions.
Affected Parties and Impacts:
- Entities from designated foreign adversary countries would be prohibited from making investments or acquisitions in the United States.
- U.S. businesses and industries, particularly those involved in critical infrastructure or sensitive technologies, would be protected from potential foreign control or exploitation.
- The CFIUS would have enhanced powers to scrutinize and block foreign investments deemed a threat to national security.
Procedural and Timeline Considerations:
The bill has been introduced in the House of Representatives and is currently in the early stages of the legislative process. The next steps would involve committee review, potential amendments, and a vote in the House.
Compiled from official sources — confirm details with the bill’s official record.
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