Foreign Adversary Investment Prohibition Act

HR 3635, the Foreign Adversary Investment Prohibition Act, bans Members of Congress (Senators and Representatives) from conducting certain financial transactions that benefit specific foreign adversaries during their term in office. It prohibits gifts, loans, investments in securities or commodities, and complex financial instruments (like derivatives) that directly or indirectly benefit countries listed as "foreign adversaries" (including China, Russia, Iran, North Korea, Cuba, and Venezuela under Maduro). Violations could result in civil penalties of up to $15,000 per offense, enforced by the Attorney General through civil court actions. The law directly affects sitting lawmakers by restricting their financial dealings with entities tied to these nations.