# Treasury Proposes Outbound Investment Screening Rules

The U.S. Department of the Treasury issued a Notice of Proposed Rulemaking to implement outbound investment screening provisions associated with the Comprehensive Outbound Investment National Security Act of 2025 (COINS Act), incorporated into the FY2026 National Defense Authorization Act. Senators Catherine Cortez Masto, Elizabeth Warren, and John Cornyn said Congress will watch implementation. Although the signals identify no contract opportunity or comment deadline, contractors and businesses involved in cross-border investment or sensitive advanced technologies may face new compliance considerations as the rulemaking proceeds.

- Companies with relevant cross-border investments or advanced-technology activities should review the proposed rule and assess potential effects on their investment, technology-development, and national-security-related operations.
- The rulemaking is proposed, not a final requirement; the signals provide no effective date, comment deadline, or procurement contact.
- Defense and technology contractors may need to account for possible screening obligations when evaluating investment-related business activities and partnerships.

**Jurisdictions:** federal
**Industries:** Defense & Military, Information Technology
**Topics:** Regulatory Compliance, Policy
**Published:** November 09, 2026

### Government Entities
- U.S. Department of the Treasury (Treasury)
- U.S. Congress
- U.S. Senate

### Key Quotes
> Last year, Congress passed our bipartisan bill to help ensure that we develop the most sensitive and cutting-edge technology here in America rather than supercharge its development in countries that do not share our values. Treasury’s notice of proposed rulemaking is one step forward to ensure the United States remains the world’s leader in advanced technology. Congress will be watching to ensure our bipartisan bill is implemented effectively, and we’ll keep fighting to protect our economic and national security.
> — Catherine Cortez Masto, U.S. Senator; Elizabeth Warren, U.S. Senator; John Cornyn, U.S. Senator

### Sources
- [Cortez Masto, Warren, and Cornyn Statement on Treasury Notice of Proposed Rulemaking on Outbound Investment Screening - Senator Catherine Cortez Masto](https://www.cortezmasto.senate.gov/news/press-releases/cortez-masto-warren-and-cornyn-statement-on-treasury-notice-of-proposed-rulemaking-on-outbound-investment-screening/) - Cortezmasto Senate
- [Cornyn, Warren, and Cortez Masto Statement on Treasury Notice of Proposed Rulemaking on Outbound Investment Screening - Senator Cornyn](https://www.cornyn.senate.gov/news/cornyn-warren-and-cortez-masto-statement-on-treasury-notice-of-proposed-rulemaking-on-outbound-investment-screening/) - Cornyn Senate