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Ted Cruz: “The purpose of this bill is to require the Department of…”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

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Ted Cruz Leads Senate Commerce Committee In Executive Session To Consider Pending Business

Published | Video Starts at 20:31

And I urge my colleagues to support this. This amendment. Thank you, Senator Markey. I oppose this amendment and will be urging my colleagues to vote no. The purpose of this bill is to require the Department of Commerce to review US Global competitiveness and attracting foreign direct investment from responsible private sector entities, not those who act at the behest of the Communist Party of China. Senators Young and Senators Peters have both worked together in a bipartisan fashion to advance this legislation, and I'm very happy the committee is advancing it today. (20:31–20:45)

CLAIM

Asserts that the bill's purpose is to review U.S. competitiveness in attracting foreign investment, excluding those influenced by the Communist Party of China.

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