Sen. Catherine Cortez Masto, D-Nev., and Sen. Dave McCormick, R-Pa., introduced a bill last week to direct the Office of the U.S. Trade Representative to prioritize convincing Canada and Mexico to institute a foreign investment review board similar to the Committee on Foreign Investment in the United States, or CFIUS.

Rep. Chris Pappas, D-N.H., introduced a bill Sept. 9 that would authorize the Committee on Foreign Investment in the U.S. to review and block foreign purchases of American real estate located near critical infrastructure, including drinking water facilities.

The House Appropriations Committee approved an FY 2026 financial services and general government appropriations bill Sept. 3 that would provide $21 million for the Committee on Foreign Investment in the U.S., the same amount as both the Trump administration’s request and the FY 2025 enacted level.

Christopher Pilkerton, President Donald Trump’s nominee to be the Treasury Department's assistant secretary for investment security (see 2506040013), said Sept. 4 that he would aim to increase compliance with U.S. requirements for foreign investment.

Reps. Jared Golden, D-Maine, and Greg Steube, R-Fla., introduced legislation Aug. 15 that would allow the Committee on Foreign Investment in the U.S. to block entities connected to countries of concern from investing in new and existing facilities or businesses in the U.S.

The House Appropriations Committee unveiled an FY 2026 financial services and general government appropriations bill July 20 that would provide $21 million for the Committee on Foreign Investment in the U.S., the same amount as both the Trump administration’s request and the FY 2025 enacted level.

Congress should ask the Trump administration several key questions as part of its oversight of the Treasury Department’s new program restricting outbound investment, two investment security experts told the House Financial Services national security subcommittee July 16.

The Trump administration plans to take several steps to address foreign ownership of American farmland, including pursuing congressional and state legislation and executive action to ban purchases by China and other foreign “adversaries,” USDA announced July 8.

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The House approved bills late June 23 dealing with anti-piracy sanctions and foreign investment in U.S. farmland.