Sen. Cornyn bill reignites congressional debate on U.S. investments to China

Sen. John Cornyn (R-TX) has introduced a bill to curb U.S. outbound investment in critical Chinese technology sectors – including those that support artificial intelligence -- that is identical in all but name to legislation the House nearly passed last December, Inside U.S. Trade reported.

Cornyn’s “Foreign Investment Guardrails to Help Thwart (FIGHT) China Act of 2025” has 12 other sponsors, including Senate Minority Leader Charles Schumer (D-NY), Senate Banking Chairman Tim Scott (R-SC) and Banking ranking member...