IB 
Union Calendar No. 122 
119TH CONGRESS 
1ST SESSION H. R. 1679 
[Report No. 119–156] 
To direct the Secretary of Commerce, in coordination with the heads of 
other relevant Federal departments and agencies, to conduct an inter-
agency review of and report to Congress on ways to increase the global 
competitiveness of the United States in attracting foreign direct invest-
ment. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 27, 2025 
Mr. EVANS of Colorado (for himself and Ms. KELLY of Illinois) introduced 
the following bill; which was referred to the Committee on Energy and 
Commerce 
JUNE 12, 2025 
Additional sponsor: Mr. FITZPATRICK 
JUNE 12, 2025 
Committed to the Committee of the Whole House on the State of the Union 
and ordered to be printed 
VerDate Sep 11 2014 
22:38 Jun 12, 2025
Jkt 059200
PO 00000
Frm 00001
Fmt 6652
Sfmt 6652
E:\BILLS\H1679.RH
H1679
ssavage on LAPJG3WLY3PROD with BILLS
A BILL 
To direct the Secretary of Commerce, in coordination with 
the heads of other relevant Federal departments and 
agencies, to conduct an interagency review of and report 
to Congress on ways to increase the global competitive-
ness of the United States in attracting foreign direct 
investment. 
VerDate Sep 11 2014 
22:38 Jun 12, 2025
Jkt 059200
PO 00000
Frm 00002
Fmt 6652
Sfmt 6652
E:\BILLS\H1679.RH
H1679
ssavage on LAPJG3WLY3PROD with BILLS
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Global Investment in 
American Jobs Act of 2025’’. 
SEC. 2. SENSE OF CONGRESS. 
It is the sense of Congress that— 
(1) the ability of the United States to attract 
foreign direct investment from responsible private- 
sector entities based in trusted countries is directly 
linked to the long-term economic prosperity, global 
competitiveness, and security of the United States; 
(2) it is a top national priority to enhance the 
global competitiveness, economic prosperity, and se-
curity of the United States by— 
(A) removing unnecessary barriers to for-
eign direct investment from responsible private- 
sector entities based in trusted countries and 
the jobs that such investment creates through-
out the United States; 
(B) promoting policies to ensure the 
United States remains the premier global des-
tination to invest, hire, innovate, provide serv-
ices, and manufacture products; 
VerDate Sep 11 2014 
22:38 Jun 12, 2025
Jkt 059200
PO 00000
Frm 00003
Fmt 6652
Sfmt 6201
E:\BILLS\H1679.RH
H1679
ssavage on LAPJG3WLY3PROD with BILLS
(C) promoting policies to ensure the 
United States remains the global leader in de-
veloping and deploying cutting-edge tech-
nologies, such as self-driving vehicle technology, 
artificial intelligence, Internet of Things, quan-
tum computing, blockchain; and 
(D) promoting policies that maintain and 
expand resilient supply chains and reduce the 
dependence of the United States on supply 
chains from China; 
(3) maintaining the United States commitment 
to an open investment policy with private-sector en-
tities based in trusted countries encourages other 
countries to reciprocate and enable the United 
States to open new markets abroad for United 
States companies and their products; 
(4) while foreign direct investment by respon-
sible private-sector entities based in trusted coun-
tries can enhance the United States economic 
strength, policies regarding foreign direct investment 
should reflect security interests and should not dis-
advantage domestic investors or companies; 
(5) United States efforts to attract foreign di-
rect investment from responsible private-sector enti-
ties based in trusted countries should be consistent 
VerDate Sep 11 2014 
22:38 Jun 12, 2025
Jkt 059200
PO 00000
Frm 00004
Fmt 6652
Sfmt 6201
E:\BILLS\H1679.RH
H1679
ssavage on LAPJG3WLY3PROD with BILLS
with efforts to maintain and improve domestic 
standard of living; 
(6) as digital information becomes increasingly 
important to the United States economy and the de-
velopment of new technologies and services that will 
be crucial to the country’s competitiveness in the 
21st century global economy, barriers including data 
localization and infringement of intellectual property 
rights must be further addressed; and 
(7) foreign direct investment by companies or 
other entities owned, directed, supported, or influ-
enced by the Chinese Communist Party is a threat 
to U.S. security and merits an aggressive policy 
framework to protect U.S. interests, jobs, intellec-
tual property, and security. 
SEC. 3. FOREIGN DIRECT INVESTMENT REVIEW. 
(a) REVIEW.—The Secretary of Commerce and the 
Comptroller General of the Government Accountability Of-
fice, in consultation with the Federal Interagency Invest-
ment Working Group established by Executive Order 
13577 and in consultation with the heads of other relevant 
Federal departments and agencies, shall conduct an inter-
agency review of the global competitiveness of the United 
States in attracting foreign direct investment from respon-
sible private-sector entities based in trusted countries and 
VerDate Sep 11 2014 
22:38 Jun 12, 2025
Jkt 059200
PO 00000
Frm 00005
Fmt 6652
Sfmt 6201
E:\BILLS\H1679.RH
H1679
ssavage on LAPJG3WLY3PROD with BILLS
addressing key foreign trade barriers that firms in ad-
vanced technology sectors face in the global digital econ-
omy. 
(b) SPECIFIC MATTERS TO BE INCLUDED.—The re-
view conducted pursuant to subsection (a) shall include 
a review of the following: 
(1) The current economic impact of foreign di-
rect investment in the United States, with particular 
focus on manufacturing, services, trade (with an em-
phasis on digital trade), and U.S. jobs. 
(2) Trends in global cross-border investment 
and data flows and the underlying factors for such 
trends. 
(3) Federal Government policies that facilitate 
foreign direct investment attraction and retention 
from responsible private-sector entities based in 
trusted countries. 
(4) Foreign direct investment as compared to 
direct investment by domestic entities. 
(5) Foreign direct investment that takes the 
form of greenfield investment as compared to foreign 
direct investment relating to merger and acquisition 
activity. 
(6) The unique challenges posed by foreign di-
rect investment, particularly acquisitions, in the 
VerDate Sep 11 2014 
22:38 Jun 12, 2025
Jkt 059200
PO 00000
Frm 00006
Fmt 6652
Sfmt 6201
E:\BILLS\H1679.RH
H1679
ssavage on LAPJG3WLY3PROD with BILLS
United States by State-owned or State-backed enter-
prises, especially from State-directed economies, in-
cluding companies or other entities owned, directed, 
supported, or influenced by the Chinese Communist 
Party. 
(7) Specific information on the prevalence of in-
vestments made by State-owned or State-backed en-
terprises, especially from State-directed economies, 
including companies or other entities owned, di-
rected, supported, or influenced by the Chinese Com-
munist Party, with a particular focus on investments 
relating to manufacturing, services, trade (with an 
emphasis on digital trade), and jobs. 
(8) How other trusted countries are dealing 
with the challenge of State-directed and State-sup-
ported investment and whether there are opportuni-
ties to work with like-minded nations to address 
such challenge. 
(9) Ongoing Federal Government efforts to im-
prove the investment climate and facilitate greater 
levels of foreign direct investment in the United 
States from responsible private-sector entities based 
in trusted countries. 
(10) Innovative and noteworthy initiatives by 
State and local government to attract foreign invest-
VerDate Sep 11 2014 
22:38 Jun 12, 2025
Jkt 059200
PO 00000
Frm 00007
Fmt 6652
Sfmt 6201
E:\BILLS\H1679.RH
H1679
ssavage on LAPJG3WLY3PROD with BILLS
ment from responsible private-sector entities based 
in trusted countries. 
(11) Initiatives by other countries to identify 
best practices for increasing global competitiveness 
in attracting foreign direct investment from respon-
sible private-sector entities based in trusted coun-
tries. 
(12) The impact that protectionist policies by 
other countries, including forced data localization 
rules, forced localization of production, industrial 
subsidies, and the infringement of intellectual prop-
erty rights, have on the advanced technology econ-
omy of the United States and the ability for United 
States located firms to develop innovative tech-
nologies. 
(13) Other barriers to the ability of the United 
States to compete globally in an increasingly con-
nected and digital global economy, including, the use 
of technical barriers to trade, country-specific stand-
ards for technology products and digital services. 
(14) The adequacy of efforts by the Federal 
Government to encourage and facilitate foreign di-
rect investment in the United States. 
(15) Efforts by the Chinese Communist Party 
to circumvent existing laws to gain access to U.S. 
VerDate Sep 11 2014 
22:38 Jun 12, 2025
Jkt 059200
PO 00000
Frm 00008
Fmt 6652
Sfmt 6201
E:\BILLS\H1679.RH
H1679
ssavage on LAPJG3WLY3PROD with BILLS
markets, foreign direct investment responsible pri-
vate-sector entities based in trusted countries, or in-
tellectual property. 
(c) LIMITATION.—The review conducted pursuant to 
subsection (a) shall not address laws or policies relating 
to the Committee on Foreign Investment in the United 
States. 
(d) PUBLIC COMMENT.—Before— 
(1) conducting the review pursuant to sub-
section (a), the Secretary shall publish notice of the 
review in the Federal Register and shall provide an 
opportunity for public comment on the matters to be 
covered by the review; and 
(2) the submission of the report pursuant to 
subsection (e), the Secretary shall publish the pro-
posed findings and recommendations in the Federal 
Register and shall provide an opportunity for public 
comment. 
(e) REPORT TO CONGRESS.—Not later than one year 
after the date of the enactment of this Act, the Secretary, 
in coordination with the Federal Interagency Investment 
Working Group and the heads of other relevant Federal 
departments and agencies, shall submit to Congress a re-
port on the findings of the review required pursuant to 
subsection (a) and include recommendations for increasing 
VerDate Sep 11 2014 
22:38 Jun 12, 2025
Jkt 059200
PO 00000
Frm 00009
Fmt 6652
Sfmt 6201
E:\BILLS\H1679.RH
H1679
ssavage on LAPJG3WLY3PROD with BILLS
the global competitiveness of the United States in attract-
ing foreign direct investment from responsible private-sec-
tor entities based in trusted countries in a manner that 
strengthens or maintains the security, labor, consumer, fi-
nancial, or environmental protections of the United States. 
(f) DEFINITIONS.—In this Act: 
(1) RESPONSIBLE PRIVATE-SECTOR ENTITY.— 
The term ‘‘responsible private-sector entity’’ means 
an entity that the Secretary of Commerce deter-
mines is— 
(A) not organized under the laws of a for-
eign adversary; and 
(B) not owned, controlled, or otherwise 
subject to the influence of, a foreign adversary. 
(2) SECRETARY.—The term ‘‘Secretary’’ means 
the Secretary of Commerce. 
(3) TRUSTED
COUNTRY.—The term ‘‘trusted 
country’’ means a country that is not determined by 
the Secretary of Commerce to be a of the United 
States. 
VerDate Sep 11 2014 
22:38 Jun 12, 2025
Jkt 059200
PO 00000
Frm 00010
Fmt 6652
Sfmt 6201
E:\BILLS\H1679.RH
H1679
ssavage on LAPJG3WLY3PROD with BILLS
VerDate Sep 11 2014 
22:38 Jun 12, 2025
Jkt 059200
PO 00000
Frm 00011
Fmt 6652
Sfmt 6201
E:\BILLS\H1679.RH
H1679
ssavage on LAPJG3WLY3PROD with BILLS