Bill · S. 1053· Senate(119-S-1053)
FIGHT China Act of 2025
- Introduced
- 3/13/2025
- Last activity
- 3/13/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1746-1747)
- Sponsored by
- John Cornyn
- Cosponsors
- - 6 - 7
- Introduced
- In Committee
What this bill would do
The FIGHT China Act of 2025 aims to protect United States national security regarding the People's Republic of China. It empowers the President to impose sanctions on specific "covered foreign persons" involved in defense or surveillance sectors. The bill also prohibits and requires notifications for certain national security transactions involving prohibited technologies. Additionally, it establishes requirements for securities held in entities on the Non-SDN Chinese Military-Industrial Complex Companies List. The Act includes provisions for oversight through mandatory reports to Congress.
Yes· 3 of 5
Does this give the federal government more power?+5
The bill expands presidential and departmental authority over national security transactions.
Does this better protect the country from computer attacks?+5
The bill aims to protect national security through regulation of advanced technologies and investment restrictions.
Does this strengthen ties with allied countries?+4
The bill encourages coordination with allies and partners to implement technology protections.
The opposite· 3 of 6
Would business owners be better off under this?-4
Businesses may face increased compliance costs, civil penalties, and investment restrictions.
Would people with substantial wealth be better off under this?-3
New restrictions on holding specific securities could impact high-value investment portfolios.
Would the very wealthiest people be better off under this?-3
Investment prohibitions may restrict large-scale capital movements.
Who it would affect, and how
Potential Positive Impacts for People
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National Security Protection: The bill aims to protect the national security of the United States by imposing sanctions and regulating specific investments (Title I, Section 101).
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Industry Outreach: The Department of the Treasury is authorized to transfer funds to the Department of Commerce to conduct outreach to industry and persons affected by the Act (Section 4(a)).
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Regulatory Efficiency: Regulations are directed to minimize the cost and complexity of compliance for affected parties (Section 201(e)(5)).
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Information Transparency for Investors: The Secretary may establish a public, non-exhaustive database to identify covered foreign persons in prohibited technologies (Section 805(a)).
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Coordinated International Defense: The bill encourages the Secretary to work with allies and partners to develop similar mechanisms to prevent the acquisition of prohibited technologies (Section 804(a)).
Potential Negative Impacts for People
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Civil Penalties and Financial Burdens: Individuals or entities may face civil penalties of up to $250,000 or twice the amount of the transaction for violations regarding prohibited technologies or notification requirements (Section 201(e)(6) and Section 802(b)(4)(ii)).
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Compelled Divestment: The Secretary has the authority to compel the divestment of covered national security transactions that violate the title (Section 201(e)(6)(iii)).
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Investment Restrictions: The President is tasked with creating rules that prohibit United States persons from knowingly holding securities of entities on the Non-SND Chinese Military-Industrial Complex Companies List (Section 301(b)).
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Compliance Complexity: While the bill directs the minimization of burden, it still requires new regulations and notification processes for transactions involving prohibited or notifiable technologies (Section 201(e)(5) and Section 802(a)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners-4Good For Billionaires-3Good For High Net Worth Individuals-3Good For Ultra High Net Worth Individuals-3
- Governance And Ideology
- Increases Federal Power+5Improves Government Transparency+3Improves Due Process-2
- National Security And Foreign Policy
- Improves Cybersecurity Defense+5Improves International Alliances+4Improves International Trade-3
- Education And Technology
- Increases Big Tech Regulation+3
- 3/13/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1746-1747)
- 13 Cosponsors added.
- Introduced in Senate
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.
Michael BennetDemocrat · Colorado
Jim BanksRepublican · Indiana
Catherine Cortez MastoDemocrat · Nevada
John FettermanDemocrat · Pennsylvania
Bill HagertyRepublican · Tennessee
Andy KimDemocrat · New Jersey
David McCormickRepublican · Pennsylvania
Pete RickettsRepublican · Nebraska
Charles SchumerDemocrat · New York
Tim ScottRepublican · South Carolina
Dan SullivanRepublican · Alaska
Elissa SlotkinDemocrat · Michigan
Elizabeth WarrenDemocrat · Massachusetts