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John Cornyn: “Earlier this year, I introduced the Foreign Investment…”

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 12:09

I'm very grateful to Secretary Bessant of the Department of Treasury for his willingness to work with my office and colleagues here in the Senate on this topic. Earlier this year, I introduced the Foreign Investment Guardrails to Help Thwart China act, or the Fight China act, as it's called. This builds on earlier iterations of my legislative efforts to address outbound investment transparency. Secretary Bessant and his colleagues at the Treasury Department have been great allies and great partners in providing us with technical assistance on this legislation. (12:09–12:19)

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Asserts that John Cornyn introduced the Fight China act earlier this year.

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