HR 8407 · 116th Congress · Finance and Financial Sector
Protecting National Security in Financial Investments Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.(2020-09-29)
Plain Language Summary
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Protecting National Security in Financial Investments Act This bill requires the Securities and Exchange Commission to determine whether issuers of securities must disclose investments in certain persons reasonably believed to be involved, or to pose a significant risk of being or becoming involved, in activities contrary to the national security or foreign policy interests of the United States. The Department of State must annually submit to Congress a list of Chinese entities associated with specified military activities.…
Summarized by Claude AI · Non-partisan · For informational purposes only