Political Quotes

Joe Crowley: “Let them spend the time. Let's not divert the attention of CFIUS, which is to allow for a steady stream of flow of…”

On the recordFebruary 28, 2007
Let them spend the time. Let's not divert the attention of CFIUS, which is to allow for a steady stream of flow of foreign investment in the United States, and at the same time checking the national security interests of our country, making sure that state-owned businesses that are entering into foreign investment of the United States are not in some way compromising our national security, the private-owned industry that are making investments in the United States are not jeopardizing or compromising our national security. That is the role of CFIUS. It is not for CFIUS to become the Commerce Department.
Said by
Joe Crowley
Democratic · New York
Source
govinfo.gov

Editor's note · Context

Discussing the role of CFIUS in relation to foreign investment and national security.

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