Political Quotes

“I appreciate our ranking member yielding the time. And I want to thank Chairman Frank and Ranking Member Bachus for making this bill a priority in this new Congress. I want to especially thank Chairman Frank for assuring that the goodwill and the hard work that went into this bill in the last Congress has not gone to waste. And I want to thank my good friend, Carolyn Maloney, for this is not the first bill that we have worked on nor will it be the last. The National Security FIRST Act is not a compromise between Democrats and Republicans, it is a product of bipartisan consensus. We often pay lip service to bipartisanship in this Chamber, but today we have a chance to pass a sincerely bipartisan product. Americans were appalled by the Dubai Ports fiasco, as they should have been. And the answer to the Dubai Ports problem could have been an overreacting, overreaching, protectionist response. It is often joked that legislative bodies do two things well: Nothing and overreact. But that is not the case here. Instead, this legislation puts national security first, while not sacrificing job creation and important relationships with our trading partners. America is a good investment. The National Security FIRST Act makes important changes to CFIUS. Responsibility is restored by requiring the chairman and the vice chairman of CFIUS to put their signature on every deal. A formal intelligence assessment must be conducted for every transaction.…”