Foreign Investments in the U.S. Must Be Monitored (Sen. Richard Shelby)

Foreign direct investment is critical to the U.S. economy, but our nation’s security is our primary responsibility.  Our goal is to establish a thorough process to review transactions without unnecessarily restricting the flow of foreign investment while at the same time establishing a clear line of accountability.  This Committee on Foreign Investment in the United States (CFIUS) reform legislation strikes that critical balance, and I am pleased to join with Chairman Dodd (D-Conn.) in moving it forward.