Global Investment in American Jobs Act of 2023

S 2368, the Global Investment in American Jobs Act of 2023, requires the U.S. Commerce Secretary to conduct a comprehensive review of how the United States attracts foreign direct investment from "responsible private-sector entities" in "trusted countries" (non-adversary nations). The review examines barriers like data localization, intellectual property protections, and supply chain dependencies, while assessing impacts on U.S. jobs, security, and competitiveness in advanced technology sectors. It specifically evaluates investments from entities not tied to "foreign adversaries" (like China) and analyzes how other countries screen state-backed investments. The bill mandates a public comment process and a report to Congress within one year, focusing on policy recommendations to strengthen U.S. competitiveness without compromising security or domestic workforce protections. This is a procedural bill setting up a review, not a new policy or funding measure.