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Debate over scope of Global Investment in American Jobs Act centers on whether to study political and economic determinants of foreign investment

October 22, 2025 | Commerce, Science, and Transportation: Senate Committee, Standing Committees - House & Senate, Congressional Hearings Compilation


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Debate over scope of Global Investment in American Jobs Act centers on whether to study political and economic determinants of foreign investment
The Senate Committee on Commerce, Science and Transportation advanced the Global Investment in American Jobs Act after a contentious series of amendment votes that centered on whether the Commerce Department’s required report should examine political and economic actions that may deter foreign direct investment.

Senator Markey offered a slate of amendments to expand the report’s scope to include the impact of government actions on freedom of the press and independent oversight; the role of political favoritism or “crony capitalism;” threats to Federal Reserve independence; erratic tariff policies; and whether foreign companies pay wages in line with U.S. industry standards. Markey argued investors weigh predictability, independent institutions and rule‑based governance when deciding where to place capital.

Committee leaders opposed the amendments as outside the bill’s bipartisan purpose or the committee’s jurisdiction. Each amendment Markey called up that reached a roll call vote was defeated by a 15–13 margin. The transcript records the vote totals reported by the clerk for several failed Markey amendments as "The no's are 15. The yeses are 13." Those amendments included Markey Amendment No. 1 (study impacts of government actions on First Amendment protections), Markey Amendment No. 3 (study effects of alleged cronyism and political favoritism), Markey Amendment No. 6 (study threats to Federal Reserve independence), Markey Amendment No. 8 (study impacts of erratic tariff policy), and Markey Amendment No. 13 (study wage impacts of foreign‑owned entities).

Senator Young and Senator Peters sponsored the underlying Global Investment bill. A motion to report S.2563 (the Global Investment in American Jobs Act, as amended by the Young substitute) was moved and seconded; after debate and the failed amendment votes the motion was agreed to and the bill ordered to be reported favorably.

The committee’s roll‑call statements in the transcript show several close party‑line votes on the Markey amendments but the underlying bill advanced with bipartisan supporters. Committee members said the bill is intended to examine the United States’ ability to attract responsible foreign direct investment and to make recommendations to bolster competitiveness.

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