Foreign Adversary Communications Transparency Act

This bill requires the Federal Communications Commission to create and publish a yearly list of companies that have FCC licenses and have connections to China, Iran, North Korea, or Russia. The FCC must list companies with submarine cable licenses or auction-won licenses if they are owned or controlled by entities from these four countries. For other types of FCC licenses, the FCC must first create rules to collect ownership information, then add those companies to the list if they have ownership ties to the covered countries. A covered entity includes any organization based in China, Iran, North Korea, or Russia, their subsidiaries, or the governments of these countries.

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