Bill · H.R. 4617· House(119-HR-4617)
American Investment Accountability Act
- Introduced
- 7/22/2025
- Last activity
- 7/22/2025 — Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, 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.
- Sponsored by
- Elise Stefanik
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
The "American Investment Accountability Act" requires the Secretaries of Commerce and Treasury, and the Securities and Exchange Commission to submit regular reports to Congress. These reports will detail United States investments in countries of concern and entities controlled by those countries, as well as business activities between U.S. companies and those entities. The goal is to monitor and provide accountability for US investments linked to foreign adversaries.
Yes· 3 of 4
Does this make what the government does easier for the public to see?+5
The bill mandates increased reporting requirements related to investments.
Does this give the federal government more power?+2
The bill increases federal oversight of investment.
Does this strengthen ties with allied countries?+2
Monitoring investments in adversarial nations can potentially strengthen alliances with other nations.
The opposite· 3 of 10
Does this make it easier to run a small business?-3
The bill places additional reporting requirements that may disproportionately burden small businesses.
Would business owners be better off under this?-2
Business owners face increased compliance costs and potentially reduced investment opportunities.
Is this likely to create jobs?-2
Increased scrutiny and reporting may decrease some investments.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Transparency: The reporting requirements (SEC. 2) for direct and portfolio investments, joint ventures, mergers, and expanded operations could lead to greater transparency regarding U.S. financial ties to countries of concern. This could empower the public to make more informed decisions about where they invest or work.
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Accountability: By monitoring United States investments in countries of concern, the Act may help hold businesses accountable for their involvement with foreign adversaries (SEC. 2).
Potential Negative Impacts for People
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Potential Economic Impacts: The increased scrutiny and reporting requirements on U.S. businesses could potentially lead to a decrease in investment and economic activity in certain sectors (SEC. 2). This could negatively impact jobs and economic growth for some Americans.
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Compliance Burdens: Covered United States businesses (SEC. 2(a)(3)) will likely face increased compliance burdens due to the reporting requirements. This may disproportionately affect smaller businesses that may struggle to allocate resources to fulfill the new requirements.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Governance And Ideology
- Improves Government Transparency+5Increases Federal Power+2
- Demographic And Interest Groups
- Good For Business Owners-2Good For Billionaires-1Good For High Income Households-1Good For High Net Worth Individuals-1Good For Ultra High Net Worth Individuals-1
- Economy And Finance
- Improves Consumer Protection+1Improves Small Business Support-3Increases Job Creation-2Improves Economic Growth-1Reduces Government Spending-1
- National Security And Foreign Policy
- Improves International Alliances+2Improves International Trade-2
- 7/22/2025
- Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, 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.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.