S 1053 · 119th Congress · International Affairs

FIGHT China Act of 2025

Introduced 2025-03-13· Sponsored by Sen. Cornyn, John [R-TX]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1746-1747)(2025-03-13)

Plain Language Summary

[AI summary unavailable — showing source text] Foreign Investment Guardrails to Help Thwart China Act of 2025 or FIGHT China Act of 2025   This bill authorizes sanctions on certain foreign persons (individuals and entities) that are involved with China's defense or surveillance technology sectors. The bill also requires U.S. persons to notify the Department of the Treasury about their investments with certain foreign persons in various technologies, and (2) authorizes Treasury to prohibit U.S. persons from making investments with such foreign persons in some of these technologies.    Specifically, the President is authorized to impose property-blocking sanctions on certain foreign persons (including members of the Chinese Communist Party Central Committee, Chinese businesses, Chinese governmental entities, and businesses with equity securities primarily traded on Chinese stock exchanges) that Treasury determines to be knowingly engaged in significant operations in China's defense, defense-related material, or surveillance technology sectors.    Additionally, the bill authorizes Treasury to bar U.S. persons from knowingly engaging in certain transactions (such as acquiring an equity interest, provid…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (13)

7 Democrats6 Republicans