H.R.1679 - Global Investment in American Jobs Act of 2025 (119th Congress)
Summary
H.R. 1679, the Global Investment in American Jobs Act of 2025, directs the Secretary of Commerce to conduct an interagency review of the United States' competitiveness in attracting foreign direct investment (FDI) from responsible private-sector entities based in trusted countries. The review aims to identify ways to enhance global competitiveness and address barriers to FDI, particularly in advanced technology sectors. The bill also emphasizes the importance of safeguarding U.S. interests against investments from entities influenced by the Chinese Communist Party.
Expected Effects
The bill will likely lead to a comprehensive report to Congress outlining strategies to attract FDI and mitigate risks associated with investments from certain foreign entities. This could result in new policies and initiatives designed to boost the U.S. economy and protect national security interests. The review may also influence future trade negotiations and international economic partnerships.
Potential Benefits
- Increased foreign direct investment in the U.S.
- Potential for job creation and economic growth.
- Enhanced competitiveness in advanced technology sectors.
- Strengthened supply chains and reduced dependence on China.
- Improved U.S. standing as a global investment destination.
Potential Disadvantages
- Potential for increased scrutiny and regulation of foreign investments.
- Risk of alienating certain countries or entities.
- Possible negative impact on domestic investors if foreign investment is favored.
- The definition of "trusted countries" could be subject to political interpretation and change.
- The review process could be time-consuming and costly.
Constitutional Alignment
The bill's focus on promoting economic growth and national security aligns with the Constitution's broad goals of promoting the general welfare and providing for the common defense, as stated in the Preamble. Congress's power to regulate commerce with foreign nations (Article I, Section 8, Clause 3) provides a constitutional basis for this legislation. The bill does not appear to infringe upon any specific constitutional rights or limitations.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).