Lucas, Fudge Introduce Legislation Increasing Scrutiny of Foreign Investment in Agricultural Businesses
Cheyenne, OK – Today, Congressman Frank Lucas (OK-03) and Congresswoman Marcia Fudge (OH-11) introduced the Agricultural Security Risk Review Act, formally placing the United States Department of Agriculture (USDA) Secretary as a member of the Committee on Foreign Investment in the United States (CFIUS). The Agricultural Security Risk Review Act ensures that CFIUS is operating effectively and efficiently to determine if a transaction, including agricultural, threatens to impair the national security of the United States.
“I am proud to be introducing this important piece of legislation with my good friend, Congresswoman Fudge, that works to ensure that foreign investment in our nation’s agricultural sector is given the amount of scrutiny needed to protect and maintain our national security,” said Congressman Lucas.
Read more »
from
MuskogeePolitico.com
