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…
The U.S. House of Representatives has approved a bill designed to safeguard American small businesses from economic and cybersecurity threats originating from foreign entities, including North Korea. The Combating Foreign Threats to Main Street Act of 2026 was passed on Wednesday. The legislation mandates the Small Business Administration (SBA) to furnish small businesses with essential information and guidance on detecting and addressing threats from foreign adversaries.
China, Russia, and North Korea are actively attempting to undermine U.S. economic and national security, with American businesses increasingly becoming targets, as stated by Rep. Roger Williams (R-TX) during a House floor debate on Wednesday. The bill aims to assist businesses in tackling risks such as intellectual property theft, cyberattacks, counterfeit goods, and unfair investment practices.
The legislation now awaits consideration by the Senate. Although these threats impact businesses of all sizes, small enterprises are often the most vulnerable and lack the resources or expertise to identify these threats.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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