S. 672: Protect America’s Innovation and Economic Security from CCP Act of 2025

The bill titled "Protect America’s Innovation and Economic Security from CCP Act of 2025" seeks to establish a program known as the CCP Initiative within the National Security Division of the Department of Justice. The goal of this initiative is to address various threats posed by the Chinese Communist Party (CCP) to the United States, particularly in areas concerning national security, economic espionage, and intellectual property. Here are the main objectives and provisions outlined in the bill:

Establishment of the CCP Initiative

The CCP Initiative is set to achieve the following objectives:

• Counter nation-state threats to the U.S.
• Curb spying on U.S. intellectual property and academic institutions by the CCP.
• Develop enforcement strategies against nontraditional collectors of technology, including researchers and employees in various sectors.
• Implement regulatory updates related to foreign investment risks in accordance with previous laws, specifically targeting Chinese entities.
• Identify cases involving Chinese companies that compete with U.S. businesses under the Foreign Corrupt Practices Act.
• Prioritize efforts to prosecute trade secret theft, hacking, and economic espionage related to the CCP.
• Protect critical U.S. infrastructure from foreign threats.
• Investigate investments by Chinese companies listed on the Bureau of Industry and Security's Entity List or labeled by the Secretary of Defense as operating in the U.S.

Consultation and Execution

To fulfill these objectives, the Attorney General, through the Assistant Attorney General for National Security, will collaborate with relevant Department of Justice components and coordinate with the FBI and other federal entities as needed.

Resource Allocation

The bill mandates that resources allocated to the CCP Initiative be dedicated solely to it and not be combined with other Department of Justice programs aimed at countering nation-state threats.

Annual Reporting

Each year, the Attorney General is required to report to specific Senate and House committees on:

• The Initiative's progress towards its stated objectives.
• The resources provided and utilized for the CCP Initiative.
• The effectiveness of coordination with the FBI and other federal agencies.
• The status of CCP efforts regarding trade secret theft and economic espionage.
• The analysis of the use of unmanned aircraft by the CCP.
• The impact of the CCP Initiative on countering CCP threats.
• The sharing of information between federal agencies and private companies about economic espionage risks.
• The assessment of economic losses incurred by the U.S. due to hacking and other illicit activities linked to the CCP.

Duration and Legal Considerations

The Act is set to expire six years after its enactment. Additionally, if any part of the bill is found to be unconstitutional, the remaining provisions will still remain in effect.

Relevant Companies

None found.