Bill · S. 4648· Senate(119-S-4648)
A bill to improve transparency with respect to foreign influence on Department of Defense contractors.
- Introduced
- 6/1/2026
- Last activity
- 6/1/2026 — Read twice and referred to the Committee on Armed Services.
- Sponsored by
- Elizabeth Warren
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
This bill is about making sure we know if foreign countries have influence over the companies that get Department of Defense contracts. Within two years, the Secretary of Defense has to update regulations so that companies bidding on defense contracts must share specific ownership information. This rule applies to both main contractors and subcontractors. The bill also updates existing rules for spotting and fixing risks related to foreign ownership or control. Finally, it lowers the contract threshold from over $5,000,000 to in excess of $500,000 for these risk mitigation rules.
Yes
Does this make what the government does easier for the public to see?+7
The legislation improves transparency by requiring prospective defense contractors and subcontractors to disclose beneficial ownership information to reveal potential foreign influence.
Does this better protect the country from computer attacks?+5
The bill enhances national security by increasing transparency regarding foreign ownership and influence in Department of Defense contractors.
Does this give the federal government more power?+2
The bill slightly increases federal regulatory requirements for defense contractors.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Better Transparency on Bids: Under Section 1(a), prospective defense contractors and subcontractors must provide information on each beneficial owner as part of any bid or proposal. This is a positive step because it lets the public and our officials see who truly owns these companies and if foreign powers are involved.
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Stricter Oversight on Smaller Contracts: Under Section 1(b)(2), the rules for mitigating risks from foreign ownership are applied to contracts in excess of $500,000, lowered from $5,000,000. This is good for accountability because it catches more foreign influence risks on a wider range of defense contracts.
Potential Negative Impacts for People
Based on the provided text, there are no explicitly stated negative impacts or burdens for individuals or groups of people in the United States.
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+7Increases Federal Power+2
- National Security And Foreign Policy
- Improves Cybersecurity Defense+5
- 6/1/2026
- Read twice and referred to the Committee on Armed Services.
- 1 Cosponsor added.
- Introduced in Senate
Chuck GrassleyRepublican · Iowa