U.S. Chamber ILR President Waguespack Voices Support for Protecting Our Courts from Foreign Manipulation Act of 2025

WASHINGTON, D.C. — U.S. Chamber of Commerce Institute for Legal Reform President Stephen Waguespack released the following today on the introduction of the Protecting Our Courts from…

WASHINGTON, D.C. — U.S. Chamber of Commerce Institute for Legal Reform President Stephen Waguespack released the following today on the introduction of the Protecting Our Courts from Foreign Manipulation Act of 2025. The bill would require transparency to courts, to the parties, and to the Department of Justice when foreign persons and entities invest in litigation in the U.S. and would prohibit foreign governments and sovereign wealth funds from investing in U.S. lawsuits.     

“Judges, the parties, and the Justice Department should know if foreign-sourced money is being poured into U.S. litigation against American businesses in exchange for a cut of the settlement or award. By requiring disclosure of foreign-sourced money and prohibiting foreign governments and sovereign wealth funds from investing in lawsuits in the U.S., the Protecting Our Courts from Foreign Manipulation Act will help protect U.S. national and economic security. The U.S. Chamber of Commerce thanks Sen. John Kennedy (R-LA) for introducing the Protecting Our Courts from Foreign Manipulation Act, and we urge Congress to quickly pass it to protect consumers, businesses, and the integrity of our legal system.”