Global Investment in American Jobs Act of 2025

Mr. Speaker, today I rise in strong support of my bipartisan bill, the Global Investment in American Jobs Act.

Mr. Speaker, this is a critical piece of legislation that will help bolster American competitiveness in the face of increasing economic aggression from the Chinese Communist Party, all while helping to create jobs in my home State of Colorado and all across the Nation.

First and foremost, I extend my gratitude to the gentlewoman from Illinois (Ms. Kelly) for helping to introduce this bill with me. I am proud to work with her in a bipartisan fashion to advance this bill first through the Energy and Commerce Committee and now onto the House floor.

In Colorado alone, there are more than 126,000 workers that are the direct result of foreign direct investment. Of these workers, 31 percent work in manufacturing roles. These jobs, like other good, blue- collar jobs in my district, provide stable, good-paying careers to constituents to help provide for their families. Oftentimes, these jobs are obtainable to folks with a high school degree after a quick and affordable career technical education course.

My bill tasks the Secretary of Commerce with conducting an interagency review to help create a more favorable environment for foreign direct investment, ultimately boosting our economy and benefiting American workers.

International companies are beginning to recognize what most of us have known for decades. The American worker is among the most talented in the world. Whether it is energy, technology, or chemicals, Americans produce some of the highest quality products in the cleanest, most efficient, and socially responsible ways possible.

With the resurgence in America's manufacturing industry, global investors are now clamoring to pump money into emerging industries in the U.S. Congress needs to ensure that we as a Nation are striking the right approach in courting international companies and facilitating responsible investments.

This legislation doesn't just help create good-paying jobs. It also helps to ensure that America remains competitive with the Chinese Communist Party by retaining our technological advantage in research and development.

International employers in the U.S. account for more than $80 billion in research and development. With this bill, Congress can take a major step in seeing this number increase over the coming years.

This isn't just something that we should consider doing. It is necessary. In the face of increasingly unscrupulous tactics from the Chinese Communist Party such as rampant intellectual property theft, corporate espionage, the use of slave labor, and environmentally reckless energy practices, it is imperative for the United States to leverage every available tool to bolster American industry, such as this bill.

Mr. Speaker, I urge my colleagues to join me in supporting the Global Investment in American Jobs Act to maintain Americans' competitive edge, invest in our domestic talent, bring more jobs home, and drive innovation to usher in the next era of manufacturing dominance in the United States.

Mr. Speaker, I yield myself such time as I may consume.

Mr. Speaker, I rise to speak in support of H.R. 1679, the Global Investment in American Jobs Act. This legislation will encourage foreign direct investment to support high-quality American jobs.

Foreign direct investment from nonadversarial Nations can be used to grow critical sectors important for our economic success and national security including by creating new jobs in our Nation's manufacturing sector.

Once the envy of the world, our manufacturing base has faced steady headwinds for the last several decades. Our Nation's share of global manufacturing activity declined from 28 percent in 2002 to just over 17 percent in 2020.

Investment in America's small and medium manufacturers, the bedrock of our industrial might, has also declined over the last 20 years by more than $200 billion. In that same two-decade period, our domestic manufacturing base has shed more than 4 million jobs.

It is time to reverse these trends by revitalizing our Nation's manufacturing industry and bringing jobs back home. The work we did under the Biden administration, passing the bipartisan infrastructure law, Inflation Reduction Act, and the CHIPS and Science Act, is already helping to turn the tide.

I am concerned that actions by the Trump administration are putting this great success at risk. The attempts to claw back these historic investments in our manufacturing sector, unstable and erratic tariff policies, and mass elimination of trusted Federal programs and partners put American businesses at a disadvantage.

All of these actions by the Trump administration are detrimental to our ability to compete globally. I encourage my Republican colleagues to stand up for American businesses, large and small, against the chaotic actions of this administration.

Foreign direct investment can be part of the solution to revitalize American manufacturing and job creation. Over a third of all foreign direct investments are in domestic manufacturing, exceeding a total of $120 billion a year.

This bill will help ensure we keep that flow of investment strong and that such investments support quality, good-paying jobs right here at home. It must be coupled with Federal trade policies coming from the White House and this Congress that encourages stability in the marketplace, protects our relationships with close trading partners, and lowers costs for American families.

Mr. Speaker, I commend Representatives Kelly and Evans for their leadership on this issue. I urge my colleagues to support this legislation.

Mr. Speaker, I reserve the balance of my time.

Mr. Speaker, I know in my district that foreign direct investment is important in creating jobs. I would certainly say that nationally this is an important piece of legislation. For that reason, I urge my colleagues to support it.

Mr. Speaker, I yield back the balance of my time.

Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 1679) to direct the Secretary of Commerce, in coordination with the heads of other relevant Federal departments and agencies, to conduct an interagency review of and report to Congress on ways to increase the global competitiveness of the United States in attracting foreign direct investment.

Mr. Speaker, I ask unanimous consent that all Members may have 5 legislative days in which to revise and extend their remarks and include extraneous material on this particular bill.

Mr. Speaker, I yield myself such time as I may consume.

Mr. Speaker, I rise today in support of H.R. 1679, the Global Investment in American Jobs Act of 2025. This is being led by the gentleman from Colorado (Mr. Evans), my good friend and a very effective Member of Congress.

This bill directs the Secretary of Commerce and the Comptroller General to conduct a review and report on ways to increase and attract foreign direct investment, or FDI, from trusted countries.

The United States is currently a global leader in deployment of emerging technologies such as artificial intelligence, autonomous vehicles, blockchain, and many more. To maintain that leadership, we must continue to foster an environment that encourages our allies and trusted global partners to invest here at home.

By removing barriers and showing the world that the U.S. is the premier destination for investment, innovation, manufacturing, and deployment, the U.S. will cement itself as the global leader of the new age of technological advancements.

Mr. Speaker, I urge my colleagues to join me in favor of this particular bill, H.R. 1679.

Mr. Speaker, I reserve the balance of my time.

Mr. Speaker, I yield such time as he may consume to the gentleman from the State of Colorado (Mr. Evans), a true public servant.

Mr. Speaker, in closing, I encourage a ``yes'' vote on this particular bill.

Mr. Speaker, I yield back the balance of my time.