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John Cornyn: “Back in February this year, the White House announced an…”

Featuring: John Cornyn, Republican | U.S. Senate, Texas

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Senator John Cornyn's Call for Transparency in U.S. Investments in China

Published | Video Starts at 11:02

… and now in his second term, especially with regard to both inbound, that's foreign direct investment in the United States as well as outbound investment, which I'm addressing right now. Back in February this year, the White House announced an American First Investment Policy which builds on the work that we partnered with President Trump during his first term to modernize the Committee on Foreign Investment in the United States, something known as CFIUS by its initials. The purpose was to ensure that we are not opening up ourselves in America to risks through inbound foreign direct investment. But that inbound foreign direct investment is only part of the story. (11:02–11:23)

CLAIM

Asserts that the White House announced an American First Investment Policy in February, building on previous work with President Trump.

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