On the recordSeptember 11, 2024
Mr. Speaker, I yield myself the balance of my time for closing. H.R. 9456 undercuts not only a bipartisan accomplishment from 6 months ago, but also our government's ability to stop adversarial countries like China and Russia from acquiring companies, technology, and land that are critical to our national security. This bill will also cause financial harm to lawful, permanent residents and other immigrants based solely on an investor's citizenship. Members of this body considered this issue just 6 months ago, passing bipartisan legislation to add the expertise of the Secretary of the USDA to CFIUS and improving the process by which agricultural land transactions are shared with and reviewed by the government. {time} 1300 That bill was drafted in coordination with the Biden-Harris administration as well as Democrats and Republicans in the House and Senate. It was passed into law through the Consolidated Appropriations Act, 2024. There is no need to rewrite this law. H.R. 9456 is a rush job by the House Republican leadership, and it shows how harmful this bill is to both our national security and the people who we serve. I would just say to my colleagues that if you are really concerned about security, if you really want to support ag and the farmers, why did you just pull the continuing resolution that we were supposed to take up to continue government functioning?…





