Bernie Moreno: “I introduced a bipartisan bill called the PROTECT act with…”

“As you described, President Trump recognized a glaring loophole in the law which currently does not cover greenfield investments, but rather only allows CFIs to review vestments of acquisitions of existing US companies. I introduced a bipartisan bill called the PROTECT act with my colleagues Alyssa Slotkin and Senator Tim Sheehy, which would close this loophole and ensure that all greenfield and brownfield transactions from foreign countries are concerned are reviewable by CFIUS. Do you believe that this would be helpful to. To better protect our national security for potentially harmful or threatening investments by foreign countries? Thank you for the question, Senator Moreno.” (00:39–00:53)

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