Sovereign Wealth Fund Transparency Act

# Sovereign Wealth Fund Transparency Act Summary **What the Bill Would Do:** This bill would require foreign sovereign wealth funds—investment funds controlled by foreign governments—to disclose more information about their U.S. investments and activities. Currently, these funds can invest in American companies and assets with minimal transparency requirements. The bill aims to give Congress, regulators, and the public better visibility into where foreign governments are investing their money in the United States. **Who It Affects:** The bill primarily affects foreign sovereign wealth funds (like Norway's Government Pension Fund or Saudi Arabia's Public Investment Fund) that invest in U.S. assets.

It would also indirectly affect American companies and investors by potentially requiring them to report investments from these foreign entities. U.S. policymakers and national security agencies would gain additional tools to monitor foreign government financial interests in the country. **Current Status:** The bill was introduced in the 119th Congress by Senator Richard Blumenthal (D-CT) and remains in committee, meaning it has not yet been voted on by the full Senate. No action has been taken to advance it to the next stage of the legislative process.