S 2563 United States Senate · 119th Congress

Global Investment in American Jobs Act of 2025

This bill requires the U.S. Commerce Department to conduct a one-year review of how effectively the United States attracts foreign investment from companies in "trusted countries" (not deemed adversaries by the U.S.) and not controlled by foreign adversaries, with a focus on high-tech sectors like AI and digital trade. The review will analyze barriers such as data localization rules, intellectual property issues, and challenges from state-owned enterprises - especially those linked to the Chinese government - while assessing U.S. policies and global practices to improve investment appeal. It must also examine impacts on jobs, manufacturing, and supply chains, and avoid reviewing existing CFIUS (Committee on Foreign Investment) laws. The findings will be reported to Congress with recommendations to strengthen the U.S. investment climate without weakening security, labor, or environmental protections.
Bill status passed 3 of 5 stages cleared
Introduction
Jul 2025
Committee Review
Mar 2026
Senate Passage
Mar 2026
House Passage
President
Introduced Jul 31, 2025 Last action Mar 24, 2026
Maddy AI version diff · 1 comparison

What changed between versions

Introduced in Senate Engrossed in Senate · 7 edits · Mar 22, 2026
MODERATE
The Senate engrossed version of S 2563 replaces all references to 'foreign adversary' and 'Chinese Communist Party' with the broader statutory term 'foreign country of concern,' expanding the bill's scope beyond China to any country meeting the definition in the FY2021 NDAA. It also removes the specific reference to the Federal Interagency Investment Working Group established by Executive Order 13577, replacing it with a general reference to 'relevant interagency working groups.' Additionally, a clause protecting domestic investors from being disadvantaged by foreign direct investment policies was removed.
SCOPE

All references to 'foreign adversary' and 'Chinese Communist Party' were replaced with 'foreign country of concern,' a term defined by 15 U.S.C. 4651 (FY2021 NDAA). This broadens the bill's application from targeting China specifically to potentially covering any country designated under that statutory definition.

The specific reference to the Federal Interagency Investment Working Group (established by Executive Order 13577) was removed and replaced with the general term 'relevant interagency working groups,' eliminating a dependency on that particular executive order.

Section 3(B)(D) changed from reducing dependence on 'supply chains from China' to 'supply chains from foreign countries of concern,' broadening the supply chain focus beyond China alone.

Section 3(11) narrowed the scope from reviewing initiatives by 'other countries' to initiatives by 'other trusted countries,' limiting the comparative analysis to allied nations only.

DEFINITION

A new defined term 'foreign country of concern' was added, incorporating by reference the definition from section 9901 of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021.

The definition of 'trusted country' was simplified from 'a country that is not determined by the Secretary to be a foreign adversary of the United States' to simply 'a country that is not a foreign country of concern,' removing the Secretary's discretionary determination role.

REQUIREMENT

Section 3(4) removed the clause 'and should not disadvantage domestic investors or companies,' eliminating a stated principle that FDI policies should protect domestic investors.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
10
Key actions
4
Committee
3
Mar 22, 2026
Upper · Passed
Passed Senate with an amendment by Unanimous Consent. (consideration: CR S1522-1523; text of amendment in the nature of a substitute: CR S1522-1523)
upper
Mar 22, 2026
Upper · Passed
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
upper
Mar 12, 2026
Upper · Passed
Committee on Commerce, Science, and Transportation. Reported by Senator Cruz with an amendment in the nature of a substitute. With written report No. 119-116.
upper
Oct 21, 2025
Upper · Passed
Committee on Commerce, Science, and Transportation. Ordered to be reported with an amendment in the nature of a substitute favorably.
upper
Jul 31, 2025
Committee
Read twice and referred to the Committee on Commerce, Science, and Transportation.
upper
Jul 31, 2025
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor

Sponsors