HR 10329: Combating Foreign Threats to Main Street Act of 2026

HR 10329 in plain English: This bill requires the Small Business Administration to create and publish educational materials helping small businesses understand and protect themselves against threats from foreign adversaries, including cyberattacks, fraud, intellectual property theft, and forced labor practices.

Stated purpose

The bill requires the Small Business Administration to create and share educational materials helping small businesses understand and protect themselves from harmful actions by foreign adversaries, such as cyberattacks, intellectual property theft, fraud, and forced labor in supply chains.

Key points

• Requires the SBA to publish materials educating small businesses about foreign adversary threats like cyberattacks and fraud
• Materials must describe harmful foreign conduct and identify best practices for protecting sensitive information and supply chains
• Provides guidance on cybersecurity and data protection for small businesses

Arguments supporters make

• Small businesses are frequent targets of foreign cyber theft and fraud but often lack the resources or expertise to protect themselves, so free government guidance can fill a real gap.
• Raising awareness about risks from foreign-linked investments, joint ventures, and supply chains helps small businesses make better-informed decisions without restricting any lawful commerce.
• The bill requires annual updates, keeping the information current as foreign threats evolve, so businesses always have relevant and accurate guidance.

Arguments opponents make

• The bill only requires publishing educational materials, not direct assistance or enforcement, so it may do little to actually stop foreign threats that harm small businesses.
• Adding annual review and multi-agency coordination requirements could create bureaucratic overhead without clear measures to show whether small businesses actually use or benefit from the materials.
• Broadly defining covered risks and giving the SBA discretion to flag additional activities could lead to vague or overly cautious guidance that discourages legitimate international business relationships.

Tradeoffs

The bill focuses resources on awareness and education rather than direct protective action, which keeps costs and government reach low but may limit real-world impact. Guidance broad enough to cover emerging threats may also risk chilling lawful foreign commerce for small businesses seeking international opportunities.

Current status in Congress: Passed House.

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