To amend section 1839 of title 18, United States Code, to provide that an entity domiciled in a foreign adversary country is a foreign instrumentality for purposes of the prohibition on economic espionage under such section.
Summary
HR9789, introduced by Rep. Moolenaar, proposes to amend the definition of 'foreign instrumentality' under 18 U.S.C. §1839 to include entities domiciled in foreign adversary countries for economic espionage prohibitions. The bill is in early stage, referred to the House Judiciary Committee with no cosponsors, and contains no funding or direct market mechanism.
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Key Takeaways
- 1.HR9789 is a procedural definitional bill with no funding or direct market impact.
- 2.The bill has zero cosponsors and is at the earliest legislative stage.
- 3.No tickers or sectors are directly affected by this legislation.
Market Implications
No market implications. The bill does not affect any publicly traded company's revenue, costs, or competitive position. Investors should not adjust positions based on this legislation.
Full Analysis
HR9789 was introduced on July 20, 2026, and referred to the House Committee on the Judiciary. As a bill at the referral stage with zero cosponsors and no committee markup, it has minimal legislative momentum. The bill amends a definition in criminal law regarding economic espionage, which does not authorize spending, create tax incentives, or mandate procurement. There is no money trail—the bill is purely a statutory definition change with no direct financial impact on any sector or company. No convergence is identified as no related signals or procurement data were provided. Without explicit funding, procurement mandates, or regulatory changes affecting specific companies, there are no structural winners or losers. The legislative path requires committee consideration, potential markup, House floor vote, Senate passage, and presidential action—all uncertain at this early stage.
Key Legislators
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
Executive Order: Establishing an America First Arms Transfer Strategy
FERMI FORWARD DISCOVERY GROUP, LLC: $2.4B Department of Energy Contract
BOLLINGER SHIPYARDS LOCKPORT, L.L.C.: $1.3B Department of Homeland Security Contract
DELL FEDERAL SYSTEMS L.P: $1.0B Department of Veterans Affairs Contract
RAUMA MARINE CONSTRUCTIONS OY: $1.1B Department of Homeland Security Contract
VERTEX AEROSPACE LLC: $571M General Services Administration Contract
OPTUM PUBLIC SECTOR SOLUTIONS, INC.: $641M Department of Veterans Affairs Contract
HII MISSION TECHNOLOGIES CORP: $638M General Services Administration Contract
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Imposing Additional Duties to Offset Canadian Discrimination Against the Commerce of the United States with Respect to Dairy
President Trump, citing Section 338 of the Tariff Act of 1930, imposes a 50% additional ad valorem duty on certain Canadian products (listed in Annex II) effective August 19, 2026, to offset Canada's discriminatory dairy tariff-rate quota allocation that disadvantages U.S. cheese exporters compared to EU exporters under CETA. The action aims to pressure Canada to remove the discrimination and expand opportunities for U.S. dairy producers within the U.S. market.
Imposing Additional Duties to Offset Canadian Discrimination Against the Commerce of the United States with Respect to Motor Vehicles
This proclamation imposes a 50% ad valorem duty on certain Canadian products, effective August 19, 2026, under Section 338 of the Tariff Act of 1930, to offset Canada's discriminatory 25% tariff and tariff-rate quota on U.S. motor vehicle exports, which have reduced U.S. auto exports to Canada by 22% and shifted demand to competitors like Mexico, Japan, Korea, and Germany.
Imposing Additional Duties to Offset Canadian Discrimination Against the Commerce of the United States with Respect to Alcoholic Beverages
This proclamation imposes a 50% ad valorem duty on certain Canadian products under Section 338 of the Tariff Act of 1930, effective August 19, 2026, to retaliate against Canadian provincial bans on U.S. alcoholic beverages that have reduced U.S. exports by 81%. It directs the U.S. Trade Representative and Customs and Border Protection to implement the duties via the Harmonized Tariff Schedule, targeting a range of Canadian goods to offset the trade disadvantage.
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