Randy Neugebauer: “this motion to recommit I offer today is straightforward and simple. If adopted, it would require the President's annual…”

“this motion to recommit I offer today is straightforward and simple. If adopted, it would require the President's annual report to the Congress on CFIUS operations to analyze the factors that promote the healthy investment climate and scrutinize the aspects of our regulatory environment that discourages such investment. I hope that all Members can agree that supporting foreign investment in the United States, with appropriate exceptions to protect our national security, benefits all Americans. I also hope that all Members recognize that just as important to welcome direct investment in the United States, it is also important to identify and address the barriers that have been erected in this country that chill such investment. Open markets and national security support one another. The U.S. regulatory climate is driving investment away. It is time to consider broad overhaul of our Nation's rules, enforcement policies and litigation system. The annual report required by this bill, the ``Report Related to Barriers to Investment into the United States,'' is an important venue for Congress to seek information that can lay a foundation for such examination. National security cannot become a pretext for protectionism. As well, it must be understood that artificial barriers to foreign investment will only induce international retaliation against U.S. investments overseas. If the United States trends towards restricted markets, others will follow.”