S 2563
Global Investment in American Jobs Act of 2025
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Bill overview
The Global Investment in American Jobs Act of 2025 directs the Secretary of Commerce to conduct a comprehensive review of how the United States can improve its ability to attract foreign direct investment. This review will examine barriers to investment, trends in global investment, and policies impacting the U.S. economy, particularly in advanced technology sectors. The goal is to enhance the U.S.’s competitiveness and security while addressing concerns about foreign influence and supply chain vulnerabilities.
Key provisions
- Directs the Secretary of Commerce to conduct an interagency review of U.S. foreign direct investment competitiveness.
- Establishes a Federal Interagency Investment Working Group to assist with the review.
- Identifies ‘trusted countries’ for investment purposes, excluding those deemed foreign adversaries.
- Requires the review to examine barriers to investment, including data localization and intellectual property rights.
- Specifically addresses concerns about investment by State-owned or State-backed enterprises, particularly those linked to the Chinese Communist Party.
- Mandates a report to Congress within one year outlining findings and recommendations.
- Calls for consideration of policies to maintain domestic standards and strengthen supply chains.
- Requires the review to assess the impact of protectionist policies by other countries.
Who is affected
- Businesses
- Investors
- Federal Government Agencies
Sponsors
Official sponsors from legislative records.
Primary sponsor
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119th CONGRESS — 1st Session
S. 2563
IN THE SENATE OF THE UNITED STATES
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 competitiveness of the United States in attracting foreign direct investment.
This Act may be cited as the Global Investment in American Jobs Act of 2025
.
In this Act:
The term Federal Interagency Investment Working Group means the Federal Interagency Investment Working Group established by Executive Order 13577 (75 Fed. Reg. 35715; relating to the establishment of the SelectUSA Initiative).
The term responsible private sector entity means an entity that the Secretary determines is—
not organized under the laws of a foreign adversary; and
not owned, controlled, or otherwise subject to the influence of a foreign adversary.
The term Secretary means the Secretary of Commerce.
The term trusted country means a country that is not determined by the Secretary to be a foreign adversary of the United States.
It is the sense of Congress that—
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;
it is a top national priority to enhance the global competitiveness, economic prosperity, and security of the United States by—
removing unnecessary barriers to foreign direct investment from responsible private sector entities based in trusted countries and the jobs that such investment creates throughout the United States;
promoting policies to ensure the United States remains the premier global destination to invest, hire, innovate, provide services, and manufacture products;
promoting policies to ensure the United States remains the global leader in developing and deploying cutting-edge technologies, such as self-driving vehicle technology, artificial intelligence, Internet of Things, quantum computing, and blockchain; and
promoting policies that maintain and expand resilient supply chains and reduce the dependence of the United States on supply chains from China;
maintaining the United States commitment to an open investment policy with private sector entities based in trusted countries encourages other countries to reciprocate and enables the United States to open new markets abroad for United States companies and their products;
while foreign direct investment by responsible private sector entities based in trusted countries can enhance the economic strength of the United States, policies regarding foreign direct investment should reflect security interests and should not disadvantage domestic investors or companies;
the efforts of the United States to attract foreign direct investment from responsible private sector entities based in trusted countries should be consistent with efforts to maintain and improve the domestic standard of living;
as digital information becomes increasingly important to the economy of the United States and the development of new technologies and services that will be crucial to the competitiveness of the United States in the 21st century global economy, barriers, including data localization and infringement of intellectual property rights, must be further addressed; and
foreign direct investment by companies or other entities owned, directed, supported, or influenced by the Chinese Communist Party is a threat to the security of the United States and merits an aggressive policy framework to protect the interests, jobs, intellectual property, and security of the United States.
The Secretary and the Comptroller General of United States, in consultation with the Federal Interagency Investment Working Group and the heads of other relevant Federal departments and agencies, shall conduct an interagency review of the global competitiveness of the United States in attracting foreign direct investment from responsible private sector entities based in trusted countries that addresses key foreign trade barriers that firms in advanced technology sectors face in the global digital economy.
The review conducted under subsection (a) shall include a review of the following:
The current economic impact of foreign direct investment in the United States, with particular focus on manufacturing, services, trade (with an emphasis on digital trade), and jobs in the United States.
Trends in global cross-border investment and data flows and the underlying factors for those trends.
Federal Government policies that facilitate foreign direct investment attraction and retention from responsible private sector entities based in trusted countries.
Foreign direct investment compared to direct investment by domestic entities.
Foreign direct investment that takes the form of greenfield investment compared to foreign direct investment relating to merger and acquisition activity.
The unique challenges posed by foreign direct investment, particularly acquisitions, in the United States by State-owned or State-backed enterprises, especially from State-directed economies, including companies or other entities owned, directed, supported, or influenced by the Chinese Communist Party.
Specific information on the prevalence of investments made by State-owned or State-backed enterprises, especially from State-directed economies, including companies or other entities owned, directed, supported, or influenced by the Chinese Communist Party, with a particular focus on investments relating to manufacturing, services, trade (with an emphasis on digital trade), and jobs.
How trusted countries are dealing with the challenge of State-directed and State-supported investment and whether there are opportunities to work with like-minded countries to address that challenge.
Ongoing Federal Government efforts to improve the investment climate and facilitate greater levels of foreign direct investment in the United States from responsible private sector entities based in trusted countries.
Innovative and noteworthy initiatives by State and local government to attract foreign investment from responsible private sector entities based in trusted countries.
Initiatives by other countries to identify best practices for increasing global competitiveness in attracting foreign direct investment from responsible private sector entities based in trusted countries.
The impact that protectionist policies by other countries, including forced data localization rules, forced localization of production, industrial subsidies, and the infringement of intellectual property rights, have on the advanced technology economy of the United States and the ability for firms located in the United States to develop innovative technologies.
Other barriers to the ability of the United States to compete globally in an increasingly connected and digital global economy, including the use of technical barriers to trade, country-specific standards for technology products, and digital services.
The adequacy of efforts by the Federal Government to encourage and facilitate foreign direct investment in the United States.
Efforts by the Chinese Communist Party to circumvent existing laws to gain access to—
The review conducted under subsection (a) shall not address laws or policies relating to the Committee on Foreign Investment in the United States.
Before the date on which the Secretary begins the review required under subsection (a), the Secretary shall—
Before the date on which the Secretary submits the report required under subsection (e), the Secretary shall—
Not later than 1 year after the date of 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 report on the findings of the review required under subsection (a) that includes recommendations for increasing the global competitiveness of the United States in attracting foreign direct investment from responsible private sector entities based in trusted countries in a manner that strengthens or maintains the security, labor, consumer, financial, or environmental protections of the United States.