Senate passes investment, export control measures in defense bill

The Senate version of the fiscal year 2026 National Defense Authorization Act, passed on Thursday, includes legislation aimed at restricting U.S. investment in sensitive Chinese sectors and an export control bill to ensure domestic manufacturers have priority access to advanced semiconductors. The Senate by voice vote agreed to attach the “Foreign Investment Guardrails to Help Thwart (FIGHT) China Act” to the annual defense bill. Sen. John Cornyn (R-TX) introduced the FIGHT China Act in March , a bill that is...