FIGHT China Act of 2025

Key Points

• The bill would let the government ban Americans from investing in Chinese companies working on advanced military-related technologies, including high-end semiconductors, AI, quantum computing, and hypersonic missiles. Violations could result in civil penalties up to $250,000 or twice the transaction value.
• For less sensitive but still concerning technologies — called 'notifiable technologies' — Americans would be required to report their investment transactions to the Treasury Department within 30 days of completing a deal.
• People who currently own stocks in Chinese companies on the military-industrial complex list would have one year after enactment to sell them. After that deadline, holding those securities would be illegal for any American.
• The government could freeze the assets of Chinese individuals and companies involved in defense or surveillance technology, using existing emergency economic powers to block all their U.S. property and transactions.
• The bill allocates $150 million over two years for the Treasury and Commerce Departments to enforce the new rules, hire staff, and help businesses understand how to comply.
• The bill has strong bipartisan support, introduced by 14 senators from both parties including Cornyn, Schumer, Warren, and Scott. It would remain in effect until China is removed from the official 'foreign adversaries' list.

Votes

No votes have been recorded for this legislation yet.