US House passes bill to protect small businesses from foreign adversaries, including N. Korea
WASHINGTON — The U.S. House of Representatives has passed a bill aimed at protecting American small businesses from economic and cybersecurity threats posed by foreign adversaries, including North Korea. The House passed the Combating Foreign Threats to Main Street Act of 2026 on Wednesday, The bill would require the Small Business Administration (SBA) to provide small businesses with information…
On Wednesday, the U.S. House of Representatives passed the Combating Foreign Threats to Main Street Act of 2026, a bill designed to shield American small businesses from economic and cybersecurity threats originating from foreign adversaries, including North Korea. The legislation, which now awaits consideration in the Senate, would mandate the Small Business Administration (SBA) to furnish small enterprises with insights and directives for detecting and countering these threats.
China, Russia, and North Korea are actively attempting to undermine U.S. economic and national security, according to Rep. Roger Williams (R-TX), who voiced this concern during a House floor debate on Wednesday. The bill addresses risks like intellectual property theft, cyberattacks, counterfeit goods, and exploitative investment methods that disproportionately impact small businesses. These enterprises frequently lack the resources or expertise needed to identify such threats, making them particularly vulnerable.
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