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119-s-2563119th CongressWALLET

Global Investment in American Jobs Act of 2025

Sponsored By: Senator Young, Todd [R-IN]

Passed Senate

Summary

This bill would direct the Commerce Secretary to lead an interagency review focused on attracting foreign direct investment from trusted countries while protecting U.S. security, jobs, and innovation. The review concentrates on advanced technology, digital trade, and risks from state-backed investors and would produce findings and recommendations to Congress within 1 year after enactment with public comment periods.

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  • Businesses in advanced technology sectors would get a focused assessment of barriers such as forced data localization, industrial subsidies, and intellectual property infringement that affect digital trade, manufacturing, services, and jobs.
  • Federal, state, and local policymakers would receive coordinated findings and recommendations to update the investment climate and to promote FDI attraction and retention from responsible entities in trusted countries.
  • National security and economic officials would get analysis of investments by state-owned or state-backed enterprises and of Chinese Communist Party efforts to gain market access, informing possible policy responses to protect jobs, IP, and financial stability.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Study on attracting trusted foreign investment

The Commerce Secretary, with other agencies and the Comptroller General, would review how the U.S. attracts foreign investment from trusted countries. The Secretary would publish a notice and take public comments before starting, and again on proposed findings before the report. The review would cover jobs, manufacturing, services, digital trade, data flows, and barriers like forced data localization and industrial subsidies, and would exclude CFIUS laws. A report with recommendations would be due to Congress no later than 1 year after enactment. Only “responsible” firms would be in scope, as determined by the Secretary; a firm would need to be neither organized in, nor owned, controlled, or influenced by, a foreign country of concern.

Sponsors & CoSponsors

Sponsor

Young, Todd [R-IN]

IN • R

Cosponsors

  • Sen. Peters, Gary C. [D-MI]

    MI • D

    Sponsored 7/31/2025

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
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