McCaul, Barr, Moolenaar Reintroduce FIGHT China Act to Safeguard U.S. Investment from Fueling CCP Aggression

U.S. Congressman Michael McCaul (R-Texas), — chairman emeritus of the House Committee on Foreign Affairs — alongside Congressman Andy Barr (R-Ky.), and Chairman of the House Select Committee on the Strategic Competition between Chinese Communist Party John Moolenaar (R-Mich.) reintroduced bipartisan legislation to prevent American capital from financing the Chinese Communist Party’s military buildup, technological dominance, and human rights abuses.

The Foreign Investment Guardrails to Help Thwart (FIGHT) China Act establishes a comprehensive outbound investment screening regime that protects the savings and retirement accounts of hardworking Americans. The bill creates targeted restrictions to ensure U.S. investors are not unwittingly financing the CCP’s military and surveillance capabilities. 

“The Chinese Communist Party will stop at nothing to prop up its military and surveillance state. Today, my colleagues and I are taking a critical step to protect U.S. national security by ensuring the CCP cannot exploit U.S. capital as a tool to accomplish those malign efforts," said Congressman McCaul. "This is a proud moment for America. I urge my colleagues to swiftly pass this bill, which will help the Trump administration continue to defend against the generational threat posed by Communist China.” 

“The CCP is using American capital to fuel its military ambitions and undermine our security. Under President Trump, we took bold action to counter China, but the Biden Administration failed to keep pace,” said Congressman Barr. "Now, with President Trump back in the White House, I am reintroducing the Foreign Investment Guardrails to Help Thwart (FIGHT) China Act to stop U.S. investments from strengthening our greatest adversary and ensure we put America’s interests first. I look forward to working with President Trump to sign this into law.” 

"Reintroducing this legislation is a crucial step in stopping American investments from fueling China’s military buildup and technological ambitions. The CCP has long leveraged U.S. capital to advance its agenda, compromising our national security," said Congressman Moolenaar. I’m proud of the bipartisan efforts that resulted in this legislation last year, and I look forward to building on this legislation alongside the Trump administration to make outbound investment restrictions law and protect our national security. We must halt the flow of American capital to the CCP and safeguard our future from foreign threats."

“As the ongoing threats from the Chinese Communist Party (CCP) continue, Congress is taking a significant step to safeguard American economic interests and protect national security,” said Speaker of the House Mike Johnson. "President Trump has made clear the past few decades of investments propping up Chinese aggression must come to an end. The introduction of the Foreign Investment Guardrails to Help Thwart (FIGHT) China Act is an important step to protect our nation’s long-term investments, and we look forward to working with President Trump and his administration to uphold American leadership and maintain a strong, unified position against the CCP’s threats.” 

Senator John Cornyn (R-Texas) has introduced companion legislation in the U.S. Senate.