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Global Investment in American Jobs Act of 2025

7/15/2025, 9:26 PM

Summary of Bill HR 1679

Bill 119 hr 1679, also known as the "Foreign Direct Investment Competitiveness Review Act," aims to enhance the United States' ability to attract foreign direct investment (FDI) by directing the Secretary of Commerce to lead an interagency review in collaboration with other federal departments and agencies. The goal of this review is to identify strategies and policies that can improve the global competitiveness of the United States in attracting FDI.

The bill recognizes the importance of FDI in stimulating economic growth, creating jobs, and fostering innovation. By conducting a comprehensive review of current practices and regulations related to FDI, the Secretary of Commerce and other relevant agencies will be able to assess the strengths and weaknesses of the United States' current approach to attracting foreign investment.

The findings of this interagency review will be reported to Congress, providing lawmakers with valuable insights and recommendations for potential legislative or regulatory changes that could enhance the country's ability to compete for FDI on a global scale. By increasing transparency, streamlining processes, and addressing any barriers to investment, the United States can position itself as a more attractive destination for foreign investors. Overall, Bill 119 hr 1679 seeks to strengthen the United States' economic competitiveness by leveraging foreign direct investment as a key driver of growth and innovation. Through a collaborative and data-driven approach, the federal government aims to identify and implement strategies that will enhance the country's ability to attract and retain foreign investment, ultimately benefiting the economy and creating new opportunities for American businesses and workers.

Congressional Summary of HR 1679

Global Investment in American Jobs Act of 2025

This bill requires the Department of Commerce and the Government Accountability Office to conduct an interagency review of the global competitiveness of the United States in attracting foreign direct investment from responsible private-sector entities based in trusted countries and addressing foreign trade barriers that firms in advanced technology sectors face in the global digital economy.

Among other elements, the review shall include an assessment of (1) the current economic impact of foreign direct investment in the United States, (2) trends in global cross-border investment and data flows, (3) federal government policies that facilitate foreign direct investment, and (4) the adequacy of federal government efforts to encourage and facilitate foreign direct investment in the United States.

Commerce must report the findings of such review and include recommendations for increasing the global competitiveness of the United States in attracting foreign direct investment.

Current Status of Bill HR 1679

Bill HR 1679 is currently in the status of Introduced to Senate since June 24, 2025. Bill HR 1679 was introduced during Congress 119 and was introduced to the House on February 27, 2025.  Bill HR 1679's most recent activity was Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation. as of June 24, 2025

Bipartisan Support of Bill HR 1679

Total Number of Sponsors
12
Democrat Sponsors
0
Republican Sponsors
12
Unaffiliated Sponsors
0
Total Number of Cosponsors
3
Democrat Cosponsors
2
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 1679

Primary Policy Focus

Foreign Trade and International Finance

Potential Impact Areas

- Asia
- China
- Competitiveness, trade promotion, trade deficits
- Congressional oversight
- Government information and archives
- Government studies and investigations
- U.S. and foreign investments

Alternate Title(s) of Bill HR 1679

To direct the Secretary of Commerce, in coordination with the heads of other relevant Federal departments and agencies, to conduct an interagency review of and report to Congress on ways to increase the global competitiveness of the United States in attracting foreign direct investment.
To direct the Secretary of Commerce, in coordination with the heads of other relevant Federal departments and agencies, to conduct an interagency review of and report to Congress on ways to increase the global competitiveness of the United States in attracting foreign direct investment.

Comments

Declan Hunter profile image

Declan Hunter

603

8 months ago

This bill will hurt American workers and our economy.