Foreign Adversary Communications Transparency Act

This bill requires the Federal Communications Commission (FCC) to publish and annually update a public list of communications entities (like telecom companies) holding FCC licenses or authorizations that have ownership ties to governments or entities from specific "covered countries" (China, Russia, Iran, North Korea, Cuba, Venezuela). The list must be posted online within 120 days of the bill becoming law and updated yearly. It directly affects companies operating under FCC authority with foreign ownership from these nations, mandating transparency about their foreign connections. The law does not change ownership rules but creates a publicly accessible record of such affiliations.