Comprehensive Outbound Investment National Security Act of 2025

# Comprehensive Outbound Investment National Security Act of 2025 **What the Bill Would Do** This bill would create a new government review process for U.S. investments going to other countries, particularly focusing on sensitive technologies and industries. Currently, the U.S. has a system (CFIUS) that reviews foreign investments *coming into* the U.S., but this bill would establish similar oversight for American money, companies, and technology being invested *abroad*. The bill aims to prevent U.S.

investors from funding technologies in countries like China that could threaten national security. **Who It Affects and Key Provisions** The legislation would primarily affect American businesses, investment firms, and venture capitalists making overseas investments in areas like semiconductors, artificial intelligence, quantum computing, and biotechnology. Companies would likely need to notify the government or seek approval before investing in sensitive sectors or in certain countries deemed security risks. The bill would give federal agencies authority to review, condition, or potentially block these investments if they pose national security concerns. **Current Status** S. 3555 is currently in committee and has not been voted on by the full Senate. As with most bills at this stage, its passage is uncertain and would require committee approval, Senate debate, and House passage before becoming law.