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Foreign Adversary Investment Prohibition Act

In committee: it can still change before the session ends.

US HR 3635 · House Bill · 119th Congress

Stage
In committee
Started in
House
Sponsors
2
Latest action
May 29, 2025

What it does

The Foreign Adversary Investment Prohibition Act would prohibit Members of Congress from conducting certain financial transactions—such as gifts, loans, investments in securities or commodities, or synthetic economic interests—that benefit foreign adversaries or entities they own or operate. The bill defines foreign adversaries as China (including Hong Kong), Cuba, Iran, North Korea, Russia, and Venezuela under Nicolás Maduro’s regime. Violations could result in civil enforcement by the Attorney General and penalties ranging from $5,000 for a first offense to $15,000 for subsequent violations.

No official summary is available here. This one was written by AI from the bill’s text.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    May 29, 2025

  2. Committee (Current step)

    In committee · May 29, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Foreign Adversary Investment Prohibition Act | 52