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BillS 4734 · 119

A bill to require a review of acquisitions by investment companies involving acquisition of controlling interest of major defense suppliers, and for other purposes.

Introduced
Jun 10, 2026
Cosponsors
1
Traction
0
Last Action
Jun 10, 2026

Bill Summary

Requires a review of certain business deals where investment companies buy a controlling interest in major defense suppliers. This review would examine these acquisitions to determine their potential impact.

Sponsored By

Elizabeth Warren
Democrat · Massachusetts · Senate

Bill Journey

  1. Jun 10, 2026
  2. Jun 10, 2026You Are Here

    The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.

  3. TBD

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  4. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  5. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill affects major defense suppliers and investment companies, as it would subject their business deals to additional scrutiny and review. The review process would also impact the Department of Defense and national security decision-making, as it would provide additional information on potential risks and vulnerabilities.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
1backer
  • Democratic1
Cross-party cosponsors0 · 0%

Documents

1

Full text opens on congress.gov, the official source.

Bill Details

Bill TypeSenate Bill · Federal
Primary TopicMilitary & Foreign
IntroducedJun 10, 2026
Last UpdatedJun 10, 2026
Latest ActionRead twice and referred to the Committee on the Judiciary.
Subjects
  • Military

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.