It should be a wake-up call for every American, a wake-up call about what happens when we put balance sheets ahead of the interests of people.
I believe the CFIUS process generally works well for private, commercially motivated transactions.
I am glad many of today's witnesses have raised issues, will raise issues like the need to improve information sharing.
Existing CFIUS authorities were not designed and are not sufficient to deal with that kind of challenge.
I hope we can all bring that sense of urgency to how this committee approaches its work on CFIUS reform.
I am proud that the United States is, in fact, a place that welcomes foreign investment.
I want to encourage the leadership of the subcommittee to continue on that path.
It is clearly time for us to fix the vast problems within the credit reporting sector.
This breach, the Equifax breach should never have happened.
What do we tell our constituents? How do they protect themselves from something like this?
I appreciate that. And perhaps, as we mentioned, you and I could find time to meet.