On the recordJanuary 18, 2021
I think that was the right decision.
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congress.govEditor's note · Context
Toomey supports the decision not to designate asset managers as SIFIs.
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I think you have said that you think we still, nevertheless, need to have some kind of outbound investment review mechanism, even though you have just said we already have the authorities to prevent any kind of technology transfer.
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I think Congress really has to take the time to properly evaluate the outbound CFIUS concept rather than rushing to enact legislation that is not properly vetted.
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