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David McCormick: “When I was in the Bush administration, I was the…”

Featuring: David McCormick, Republican | U.S. Senate, Pennsylvania

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Industry, Security, and Community: Senator David McCormick on the Nippon Steel–U.S. Steel Deal

Published | Video Starts at 22:41

… the extent this is a model, is that something we should be expecting in future large FDI agreements? Your thoughts on that and others? Yeah, no, it's a good question. When I was in the Bush administration, I was the undersecretary at treasury and I would often chair the working group on CFIUS. So I'm very familiar. In some ways this isn't that unique, but because we've had national security agreements before with other transactions that have gone through, so I wouldn't put it in some unique category. (22:41–22:50)

CLAIM

Asserts that David McCormick chaired the CFIUS working group as Undersecretary at Treasury during the Bush administration.

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