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house Bill H.R. 5841

Should the Federal Government Scrutinize Foreign Investments in the U.S. More Closely?

Argument in favor

Foreign investment in U.S. companies can have significant national security implications if the companies make technologies with defense applications — and it serves the U.S. national interest to ensure that such technologies do not fall into the hands of hostile states.

Elizabeth 's Opinion
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06/26/2018
It is clear from the Trump family’s business dealings that more oversight is needed in the case of foreign investing, which on both sides of the aisle surely leads directly to policy change. If the point of representative democracy is to support citizens, other countries should not be able to so clearly and blatantly speak louder than American citizens with their dollars. Money shouldn’t talk in politics, and this is one of many critical fronts with which to begin.
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Jennifer 's Opinion
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06/26/2018
Ummm...after the Obama administration and HRC sold 20% of our country’s uranium supply to Russia—with zero benefit to the US—I’d say, decidedly so! Plus our wonderfully astute legislators have sold out our entire country for decades to China and other foreign countries that, at their core, will do anything to undermine our way of life. Was it Mao that said that he would, ‘...hang us with our own rope?’ And that is why our system of capitalism and our bill of rights have been exploited by these countries...and both sides of the aisle are culpable in allowing this to happen. That is why Trump, for the most part, is willing to take the slings and arrows on numerous issues. He has a long game that so many libs, and cowardly Republicans, are not used to. For those persons, they look at what is good for their elitist selves, and the future of our country be damned. Well, no more, folks, no more!
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Gopin2020's Opinion
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06/26/2018
Yes it’s a matter of national security, this should have been a concern long ago.
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Argument opposed

Over-regulating foreign investments in the U.S. may make it more difficult for U.S. companies that need capital to raise it from overseas. Additionally, this bill’s explicit anti-China stance may escalate tensions in the Trump administration’s current trade war with China.

John's Opinion
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06/26/2018
Something doesn’t smell right here. It may give political entities more leverage in who gets in or not rather than “national interest.” I would put a moratorium on this kind of legislation until the intentions are clear. It sounds like something people will “lap up” as part of “America First” but it may be suspect. How do you get to be a “safe list” country? Trump likes you today? What about tomorrow if you criticize something he says? Many of these comments indicate people don’t understand this bill which is good enough to say clarify this, say what it really does, and tell us who gets the say so before passing it. It doesn’t sound like it’s about security, it’s about preference. In other words, is this trade war or national security? Sounds like trade war disguised as national security. Since I posted this, it looks like it’s well on its way. If it says “security,” it’s likely to get top priority. I just hope the “security” is impartial to all potential enemies, not just the enemy de jour which I noted above. China is the enemy de jour? For instance last year the Port Arthur refinery was sold completely to Saudi Arabian interests. Not a whimper was heard. Remember how much oil they control, 1973-1974 and the resulting damage that caused. A friend to the administration? That’s still what I fear the most about this. Political expediency.
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davidf's Opinion
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06/26/2018
This bill creates a hammer when a scalpel is necessary. It’s almost exclusive focus on China is sure to feed into the trade war Trump has started and further hurt the American consumer as well as American business. Ah, the dangers of a narcissist with poor business skills and no concept of history.
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UserofPublicRoads's Opinion
···
06/26/2018
Ignorant clumsy isolationism may be popular with The Mad King and his retinue, but it's bad for everyone else.
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    It is clear from the Trump family’s business dealings that more oversight is needed in the case of foreign investing, which on both sides of the aisle surely leads directly to policy change. If the point of representative democracy is to support citizens, other countries should not be able to so clearly and blatantly speak louder than American citizens with their dollars. Money shouldn’t talk in politics, and this is one of many critical fronts with which to begin.
    Like (70)
    Follow
    Share
    Something doesn’t smell right here. It may give political entities more leverage in who gets in or not rather than “national interest.” I would put a moratorium on this kind of legislation until the intentions are clear. It sounds like something people will “lap up” as part of “America First” but it may be suspect. How do you get to be a “safe list” country? Trump likes you today? What about tomorrow if you criticize something he says? Many of these comments indicate people don’t understand this bill which is good enough to say clarify this, say what it really does, and tell us who gets the say so before passing it. It doesn’t sound like it’s about security, it’s about preference. In other words, is this trade war or national security? Sounds like trade war disguised as national security. Since I posted this, it looks like it’s well on its way. If it says “security,” it’s likely to get top priority. I just hope the “security” is impartial to all potential enemies, not just the enemy de jour which I noted above. China is the enemy de jour? For instance last year the Port Arthur refinery was sold completely to Saudi Arabian interests. Not a whimper was heard. Remember how much oil they control, 1973-1974 and the resulting damage that caused. A friend to the administration? That’s still what I fear the most about this. Political expediency.
    Like (31)
    Follow
    Share
    Ummm...after the Obama administration and HRC sold 20% of our country’s uranium supply to Russia—with zero benefit to the US—I’d say, decidedly so! Plus our wonderfully astute legislators have sold out our entire country for decades to China and other foreign countries that, at their core, will do anything to undermine our way of life. Was it Mao that said that he would, ‘...hang us with our own rope?’ And that is why our system of capitalism and our bill of rights have been exploited by these countries...and both sides of the aisle are culpable in allowing this to happen. That is why Trump, for the most part, is willing to take the slings and arrows on numerous issues. He has a long game that so many libs, and cowardly Republicans, are not used to. For those persons, they look at what is good for their elitist selves, and the future of our country be damned. Well, no more, folks, no more!
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    Why is this bill focused on China? Clearly we need a closer examination on forgein investment in the trump organization.
    Like (22)
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    This bill creates a hammer when a scalpel is necessary. It’s almost exclusive focus on China is sure to feed into the trade war Trump has started and further hurt the American consumer as well as American business. Ah, the dangers of a narcissist with poor business skills and no concept of history.
    Like (21)
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    Yes it’s a matter of national security, this should have been a concern long ago.
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    Trump and his associates have shown us that we need to do a better job at tracking the involvement of outside governments and our country.
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    H.R. 5841 Foreign Investment Risk Review Modernization Act I’m strongly in support of and recommend passage often bill H.R. 5841 - Foreign Investment Risk Review Modernization Act of 2018 (AKA FIRRMA ) Which would change how the Committee on Foreign Investment in the United States (CFIUS) operates to strengthen the government’s ability to protect national security and enhance confidence in the United States’ longstanding open investment policy. It would do this by expanding the scope of transactions reviewable by CFIUS to more effectively address national security concerns that fall outside the current scope of CFIUS review. Most notably, the committee would be required to look at entire industries or sectors, rather than individual proposed acquisitions or takeovers on a case-by-case basis. Supporters argue the bill eliminates loopholes and other issues that allow other nations to — in their view — exploit businesses headquartered in the United States. Foreign investment in U.S. companies can have significant national security implications if the companies make technologies with defense applications — and it serves the U.S. national interest to ensure that such technologies do not fall into the hands of hostile states. 6*26*18 .....
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    Ignorant clumsy isolationism may be popular with The Mad King and his retinue, but it's bad for everyone else.
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    Only because our President is a thief.
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    Without a doubt. Perhaps trump & friends might have been charged with money laundering if following foreign investments was watched more carefully.
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    Yes, yes, yes. I am all for foreign investment but, we should be very certain who is doing the investing.
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    Real estate in prime markets are seeing home prices driven extremely high to where normal, hard-working Americans can't afford to buy property due to foreign investments. American homebuyers get outbid in $ amount and by cash buyers from China and elsewhere. There needs to be a cap on maximum number of investors who can buy homes rather than American families or even American investors.
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    It isn’t fair the US citizens are barred from investing in foreign countries, but foreigners can do almost anything they’d like in the US. Foreigners take advantage of our openness and also use it for espionage. This is a national security risk!
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    Yes. Russian and Chinese and Israeli and other investments are sometimes used for international organized crime money laundering. And we want to be very cautious with investment in tech and infrastructure. Please. It’s national security risk! Do scrutinize foreign investment and foreign investors more thoroughly.
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    It is clear from the Trump family’s business dealings that more oversight is needed in the case of foreign investing, which on both sides of the aisle surely leads directly to policy change. If the point of representative democracy is to support citizens, other countries should not be able to so clearly and blatantly speak louder than American citizens with their dollars. Money shouldn’t talk in politics, and this is one of many critical fronts with which to begin. We need to take dirty money out of politics. Now.
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    In case you were not looking, Under Trump we have now exceeded the national debt higher than WWII it is now raising higher than any time ion record. Trump and the republicans tax cut and tariffs is bankrupting America, just like his businesses! This means people on any social programs, like social Security, Medicare, healthcare, food stamps or any social program will be cut, to fund the deficit created by Trump and the Republican Party tax breaks for the corporations and the wealthy! The republicans states and people wanted to make it on their own, they will get too.
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    This isn’t reform or security. It’s political expediency. Read the actual legislation. It’s in double-speak. Security? It’s clearly profit. Not all of us are stupid.
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    Yes. They may wish to affect our economy detrimentally and benefit their home countries’.
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    Foreign Investors are concerned about their money and not the well being of the United States.
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