Foreign Adversary Investment Prohibition Act

# Foreign Adversary Investment Prohibition Act (HR 3635) Summary **What the Bill Would Do** This bill would prohibit investment in the United States by citizens and companies from countries designated as "foreign adversaries." The legislation aims to prevent potentially hostile nations from acquiring stakes in American businesses, real estate, or other assets that could pose national security risks. While specific details about which countries would be included aren't provided in this summary, such designations would likely cover nations with adversarial relationships to the U.S., such as China, Russia, Iran, or North Korea. **Who It Affects** The bill would impact foreign investors from adversary nations, American companies seeking foreign investment capital, real estate transactions, and potentially consumers if restrictions affect prices or availability of certain goods or services. U.S. government agencies responsible for reviewing foreign investments would also be involved in enforcement. **Current Status** As of now, the bill remains in committee and has not been brought to a vote.

This means it's still in the early legislative stage and may not advance further. The bill was introduced by Rep. Thomas Kean (R-NJ) and reflects ongoing bipartisan concerns about foreign investment and national security, though specific provisions that would define "foreign adversaries" and outline enforcement mechanisms are not detailed in this summary.