Political Quotes

“Madam President, last week, I came to the Senate floor to discuss provisions that would address outbound investment transparency that Congress neglected to put in the National Defense Authorization Act conference report, which we are presently considering. Well, I am back again, and I wish I had better news to share. As I mentioned last week, no one can claim to be serious about the China threat while turning a blind eye toward outbound investment transparency. Simply put, American investment in Chinese companies is the lifeblood of the Chinese economy. If the People's Republic of China, the Chinese Communist Party, were part of the rules-based international order, it would be one thing, but they are not. The People's Republic of China and the Chinese Communist Party welcome that foreign investment to build their economy while they modernize their military and rearm their country, threatening peace in the region and beyond. Quite frankly, I am disappointed the House and the Senate have so far failed to take action on this matter that is of critical importance to our strategic competition with the Chinese Communist Party. The House and the Senate will have one last chance this year to address the outbound investment transparency provision I am discussing in the continuing resolution before we leave for the holiday recess.…”