If an American venture capital firm, for instance, is investing in a Chinese artificial intelligence company that has ties to the Chinese military, a technology transfer that is associated with that deal that included some kind of…

Last year, China conducted two hypersonic missile tests which the Chairman of the Joint Chiefs, General Mark Milley, described as being very close to a Sputnik moment for the United States.

If Congress is serious about the threats that face us, it must be similarly serious about supporting American innovation.

We have to fix that. Now.

If Congress is serious, if we are serious about the threats that face us, regardless of the politics, it must be similarly serious about supporting American innovation.

Dependency on countries like China poses a huge economic risk and an unacceptable national security risk.

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.

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.

We should not pay for an infrastructure package by borrowing billions more dollars, but that is precisely what happened with this law.

President Biden would make this shortfall worse by suspending the Federal gas tax for 3 months.

the rising rates of crime on transit systems are deeply disturbing.

I have no doubt that a few years after these projects are completed, transit agencies will come back to Congress pleading for still more subsidies to operate systems that have become far too large for the demand.

safety is DOT's North Star.

every transit rider deserves a safe, secure, and reliable trip.

But that does not mean that Congress should be throwing even more billions of Federal taxpayer dollars at them to build out more services for riders they do not have.

That is no way to protect taxpayers nor to follow the law.

As I've stated before, we should not pay for an infrastructure package by borrowing billions more dollars.

I just think that fare evasion is an important violation of the law that the FTA should be tracking.

last year's infrastructure law seems to have been driven more by Democratic political imperatives.

As long as I chair this Committee, workers will always have a seat at the table.

Increasing and expanding the use of innovative technologies for construction can help expedite timelines and save Federal taxpayers money.

Federal spending should be driven by a reasoned assessment of our Nation's needs.

it is impossible for me to understand how it is a faithful implementation of the law to systematically exclude the vast majority of deferred maintenance categories.

Thank you for your acknowledgment then and again this morning that inflation is way too high.

Does anyone truly think these activities are within the Fed's statutory mandates? Of course not.