0
0

Thwarting Regional Adversary Investments Now Act

12/15/2023, 4:02 PM

Summary of Bill HR 5632

Bill 118 hr 5632, also known as the Thwarting Regional Adversary Investments Now Act, is a piece of legislation introduced in the US Congress. The main goal of this bill is to address and counteract the investments made by regional adversaries that threaten the national security interests of the United States.

The bill focuses on enhancing the ability of the US government to identify and track investments made by countries or entities that are considered adversaries to the US. It also aims to strengthen the tools and resources available to the government to respond to these investments in a timely and effective manner.

Specifically, the Thwarting Regional Adversary Investments Now Act includes provisions that require the Secretary of the Treasury to report to Congress on a regular basis regarding investments made by regional adversaries. It also authorizes the President to impose sanctions on individuals or entities found to be engaging in such investments. Furthermore, the bill emphasizes the importance of coordination and cooperation between the US government and its allies in addressing regional adversary investments. It calls for the establishment of partnerships with other countries to share information and resources in order to effectively combat these threats. Overall, the Thwarting Regional Adversary Investments Now Act is aimed at protecting the national security interests of the United States by addressing and countering investments made by regional adversaries. It seeks to enhance the government's ability to identify, track, and respond to these investments in a proactive and strategic manner.

Congressional Summary of HR 5632

Thwarting Regional Adversary Investments Now Act or TRAIN Act

This bill requires the U.S. Agency for International Development to make training available to appropriate government officials of non-adversarial countries in South and Central Asia on analyzing, assessing, and mitigating any legal or financial risk of accepting investment or lending from a foreign adversary that is in the region.

Current Status of Bill HR 5632

Bill HR 5632 is currently in the status of Bill Introduced since September 21, 2023. Bill HR 5632 was introduced during Congress 118 and was introduced to the House on September 21, 2023.  Bill HR 5632's most recent activity was Referred to the House Committee on Foreign Affairs. as of September 21, 2023

Bipartisan Support of Bill HR 5632

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5632

Primary Policy Focus

International Affairs

Comments