To protect the national security of the United States by imposing sanctions with respect to certain persons of the People's Republic of China and prohibiting and requiring notifications with respect to certain investments by United States persons in the People's Republic of China, and for other purposes.

Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Bill 118 hr 10559, also known as the "Protecting National Security Act," aims to safeguard the national security of the United States by imposing sanctions on certain individuals from the People's Republic of China. These sanctions are intended to address potential threats posed by these individuals to US interests.

Additionally, the bill prohibits and requires notifications for certain investments made by US persons in China. This measure is designed to ensure that investments made by US individuals or entities in China do not compromise national security or pose a risk to the United States.

Overall, the bill seeks to strengthen US national security by imposing sanctions on individuals from China and regulating investments made by US persons in the country. It is an important step in protecting the interests of the United States and ensuring that potential threats are addressed in a timely and effective manner.