HR 8407 · 116th Congress · Finance and Financial Sector

Protecting National Security in Financial Investments Act

Introduced 2020-09-29· Sponsored by Rep. Reschenthaler, Guy [R-PA-14]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: 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

[AI summary unavailable — showing source text] 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

Cosponsors (8)

8 Republicans