To establish the Manufacturing Sovereign Wealth Fund, and for other purposes.
Sponsor

Full profile: /officials/D000530
Source: Congress.gov · FEC
Cosponsors (0)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.
Latest Action
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2026-07-27
Source: Congress.gov
Committee Activity
Currently in
- House Committee on Ways and MeansReferred To · 2026-07-27
- House Committee on Financial ServicesReferred To · 2026-07-27
Plain-English Summary
The bill would create a new government fund designed to invest in American manufacturing industries and help the country reduce its dependence on foreign manufacturing. This fund would work similarly to investment funds used by other countries, pooling money to support domestic factories and production capabilities. The proposal would affect manufacturers, workers in industrial sectors, and potentially taxpayers who would fund the initiative.
AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.
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