Legislative Activity

This Act mandates that the U.S. Trade Representative actively push Canada and Mexico to establish national security-based foreign investment review systems similar to the U.S. CFIUS framework. The goal is to align North American defenses against harmful investments, particularly from nonmarket economy countries like China. This effort includes offering technical assistance to neighboring countries to help them build these review mechanisms.

This Act establishes a five-year moratorium on new broker-dealers and investment advisers that are controlled by, or rely on essential services from, entities or residents of the People's Republic of China (PRC). The legislation prohibits these PRC-connected firms from registering or joining national securities associations in the U.S. Financial regulators are granted examination authority over these entities to ensure compliance with the new restrictions.

This Act mandates the relocation of the Department of Energy's Office of Fossil Energy and Carbon Management from Washington, D.C., to Pittsburgh, Pennsylvania, by the end of 2026. The Secretary of Energy must complete this move despite any conflicting federal regulations regarding office locations. Furthermore, the Secretary is required to report to Congress one year after the move detailing employee attrition related to the relocation and its impact on labor negotiations.

This Act mandates the development of a comprehensive U.S. security assistance strategy for Mexico, focusing on combating transnational criminal organizations, particularly those trafficking fentanyl. The strategy must detail how U.S. aid will strengthen Mexico's law enforcement, judicial systems, and border security capabilities. The Secretary of State is required to submit this strategy to Congress and provide annual briefings on its implementation.

The Taiwan Non-Discrimination Act of 2025 declares the sense of Congress that Taiwan, as a major global economy, should have greater participation in the International Monetary Fund (IMF). The bill directs the U.S. Governor of the IMF to actively support Taiwan's bid for full membership and related engagement opportunities. This legislation reaffirms long-standing U.S. policy against hindering Taiwan's involvement in international financial bodies. The requirements for U.S. support will terminate upon Taiwan's admission or ten years after the Act's enactment.

The Access to Small Business Investor Capital Act modifies how certain investment companies report their fees to the SEC. Specifically, it allows registered investment companies to exclude indirect fees and expenses paid through investments in business development companies from their "acquired fund fees and expenses" disclosure. This change aims to streamline the reporting process for funds investing in these specific entities.

The International Nuclear Energy Financing Act of 2025 aims to counter the growing global influence of Russia and China in nuclear energy exports. This bill directs the U.S. Treasury to advocate within major multilateral development banks to remove barriers blocking financing for Western-standard nuclear projects. Furthermore, it establishes dedicated trust funds within these banks to provide competitive financial and technical assistance for building and operating advanced nuclear facilities abroad. The law also mandates annual reporting on the progress of these international nuclear financing efforts for seven years.

The HUD-USDA-VA Interagency Coordination Act mandates that the Secretaries of Housing and Urban Development, Agriculture, and Veterans Affairs establish a formal agreement to share relevant housing research and market data. Furthermore, these agencies must collaborate on a report detailing opportunities to improve coordination across their respective housing programs. This initiative aims to enhance evidence-based policymaking and streamline federal housing assistance.

This joint resolution proposes a constitutional amendment to establish term limits for members of Congress serving in the House of Representatives and the Senate. If ratified, Representatives would be limited to six two-year terms (12 years total), and Senators would be limited to two six-year terms (12 years total). These limits would only apply to service beginning after the amendment is officially adopted.

The Joint Task Force to Counter Illicit Synthetic Narcotics Act of 2025 establishes a high-level, multi-agency task force (JTFISN) to coordinate and lead federal efforts against the illicit synthetic narcotics crisis. This task force will focus on disrupting trafficking networks, enforcing sanctions, and improving intelligence sharing across departments like Justice, Treasury, and Homeland Security. The Director will report to the Attorney General and Congress, providing regular updates on enforcement actions and strategies, particularly those targeting foreign actors like the People's Republic of China. Crucially, the law explicitly prohibits the task force from targeting individual drug users or low-level dealing unrelated to major trafficking operations.