President gets sweeping power to freeze Chinese assets over IP theft—with minimal oversight
H.R. 6447 — CCP IP Act · Filed by Mike Kennedy (R-UT) · 1 cosponsor · Introduced Dec 4, 2025 · Referred to committee
Your members of Congress
Enter a ZIP to see where your representative and both senators stood on this bill.
Looked up on this device — your ZIP is never stored on our servers.
What it does
This bill authorizes the President to impose sanctions—including asset freezes and visa bans—on Chinese individuals and entities engaged in intellectual property theft targeting U.S. persons or companies. It also bars senior Chinese Communist Party officials, military officers, and their families from entering the U.S., unless the President certifies that China has stopped IP theft efforts. The bill benefits U.S. companies and inventors harmed by IP theft; the primary cost falls on targeted Chinese nationals and entities.
Why we flagged it
The bill's core function is to authorize presidential sanctions against Chinese IP thieves and restrict visas for Chinese officials. It is a foreign policy and IP-protection measure, not a domestic regulatory or appropriations bill.
What the text implies
- The bill grants the President unilateral power to designate targets with minimal congressional oversight or due-process safeguards. The 180-day reporting requirement is informational only; it does not require congressional approval or provide a mechanism to block designations.
- Asset-blocking authority under IEEPA is extremely broad and can freeze all U.S.-held property of a designated person instantly, with no advance notice or opportunity to contest the designation before freezing occurs.
The full analysis lists 5 implications of this text.
Who stands to gain
U.S. technology companies; U.S. pharmaceutical companies; U.S. software and semiconductor firms