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John Cornyn: “In 2023, I introduced the Outbound Investment Transparency…”

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

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Cornyn Praises Long-Awaited Outbound Investment Measures Included in Annual Defense Bill

Published | Video Starts at 05:18

We've worked through several different iterations of this legislation, listening to the input from stakeholders around the nation, all with the goal of having notification prohibition with regard to investment of American dollars in China. In 2023, I introduced the Outbound Investment Transparency act and pushed for its inclusion in the authorization bill. That year, The Senate voted 91 to 6 to include my amendment in the annual defense bill that year. Obviously, this enjoys broad bipartisan support, recognizing the challenge and indeed the threat that China could pose. (05:18–05:27)

CLAIM

Asserts the introduction of the Outbound Investment Transparency Act in 2023 and efforts for its inclusion in the defense bill.

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