United States Congress
Protect America’s Innovation and Economic Security from CCP Act of 2024
March 7, 2023
Summary
This bill would establish a CCP Initiative within the Department of Justice's National Security Division to counter Chinese Communist Party threats, including intellectual property theft and economic espionage. It does not create any compliance obligations for mortgage lenders, brokers, or servicers, and has no direct relevance to mortgage origination, servicing, or consumer protection. The bill is a national security measure entirely separate from housing finance regulation.
AI-generated summary · Aug 29, 2026. Verify with your compliance counsel before acting.
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Source: https://www.congress.gov/bill/118th-congress/hr-bill/1398
Common questions
- What does "Protect America’s Innovation and Economic Security from CCP Act of 2024" cover?
- This bill would establish a CCP Initiative within the Department of Justice's National Security Division to counter Chinese Communist Party threats,…
- Which agency issued this update?
- This update was issued by United States Congress.
- When was it published?
- It was published on March 7, 2023.