If the gentleman will continue to yield, as we consider the great plight in Texas of Hurricane Harvey, I also want to offer my sincere thanks for the outpouring of support that my State continues to receive, that they need after the devastation of Hurricane Matthew. Mr. Chair, I want to thank Chairman Frelinghuysen, who has offered my State great support, and Chairman Carter.
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I think we need to step back and reassess the CFIUS process and make sure it is optimized for the world of today and tomorrow.
Our adversaries, the Chinese Government in particular, are aware of CFIUS deficiencies and are actively exploiting them.
Considering the public statements of our adversaries, competitive adversaries, particularly President Xi, can we afford to delay CFIUS any longer even 6 months?
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