Foreign Investment Review Monitoring and Commitment Tracking Oversight Board Act

This bill establishes the Foreign Investment Review Authority (FIRA) to monitor and track foreign investment commitments made by other countries, specifically those tied to trade agreements or responses to U.S. trade measures. The new agency would require investors to notify FIRA of their plans and submit quarterly updates, while FIRA would review these investments to determine if they provide a "net economic benefit" by creating quality jobs, promoting domestic growth, and avoiding excess capacity. Investments that fail to meet these criteria could be suspended or prohibited, and the bill mandates detailed public reporting on job creation, unionization, and the fulfillment of foreign countries' investment promises.