releases: https://www.cornyn.senate.gov/content/news/cornyn-announces-new-support-legislation-reform-cfius-review-process
Data license: MIT · Data source: dwillis/congress-press
This data as json
| url | title | date | year | month | party | chamber | state | member_name | bioguide_id | domain | scraper | source | date_source | text | has_text | collected_at | updated_at |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| https://www.cornyn.senate.gov/content/news/cornyn-announces-new-support-legislation-reform-cfius-review-process | Cornyn Announces New Support for Legislation to Reform CFIUS Review Process | 2017-12-15 | 2017 | 2017-12 | Republican | House | TX | John Cornyn | C001056 | www.cornyn.senate.gov | legacy | WASHINGTON A coalition of Trump Administration cabinet officials, former senior government officials, stakeholders, and leaders of key groups have recently voiced their support for theForeign Investment Risk Review Modernization Act (FIRRMA).Sen. Cornyn recently spoke about his legislation and the national security threat posed by China at the Center for Strategic and International Studies (CSIS), and a transcript of his remarks is available here. TREASURY SECRETARY MNUCHIN: I support the goals of FIRRMA, which will help to ensure that CFIUS has the tools necessary to protect the national security of the United States, while simultaneously maintaining our open investment environment. I stand ready to work with Senators Cornyn, Feinstein, and Burr, the committees of jurisdiction, and other Members of Congress as this important legislation advances, said U.S. Department of Treasury Secretary Steven Mnuchin. (Secretary Steven Mnuchin, 12/14/2017) ATTORNEY GENERAL SESSIONS: I am particularly supportive of the goals of several aspects of your proposed legislation, including but not limited to (1) the expansion of CFIUSs authority to review certain transactions that may pose national security concerns; (2) an expanded list of national security factors that CFIUS should consider; and (3) mandatory disclosures of certain investments by state-owned enterprises, said U.S. Attorney General Jeff Sessions. (Attorney General Jeff Sessions, Letter to Senator Cornyn, 12/13/2017) FORMER DNI ADM. BLAIR: By expanding the scope of CFIUS reviews, FIRRMA provides better tools to analyze foreign investments and thus will strengthen the protection of America intellectual property from theft by foreign actors, said Admiral Dennis C. Blair. (Admiral Dennis C. Blair, former Director of National Intelligence and Commander of U.S. Pacific Command, 11/21/17) ORACLE CORP: Critically FIRRMA strikes a balance of protecting national security while not chilling the benefits of foreign investment in the United States. (Oracle, Letter to Sen. Cornyn, 11/8/17) US-CHINA ECONOMIC AND SECURITY REVIEW COMMISSION: Senator Cornyns Foreign Investment Risk Review Modernization Act helps prepare the United States to meet these new challenges and mitigate risks posed by current and emerging security threats, said Dr. Larry Wortzel. (Dr. Larry M. Wortzel, U.S.-China Economic Security and Review Commission, 10/25/17) | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |