I would be grateful if you could share your thoughts on the impact of foreign ownership of American corporations on our nation's economic performance.
We recognize that foreign investment has its benefits in providing new capital and expertise, but we must take steps to prevent the control of critical infrastructure or important technologies.
Potential outcomes for the American workforce and economy must be taken into account when foreign owners prioritize their own goals, as it can result in job cuts and reduced investment in R&D.
This proposal has the potential to generate more competitive and innovative businesses, ultimately benefiting the consumers and shareholders of the United States. We recognize that foreign investment has its benefits in providing new capital and expertise, but we must take steps to prevent the control of critical infrastructure or important technologies. Potential outcomes for the American workforce and economy must be taken into account when foreign owners prioritize their own goals, as it can result in job cuts and reduced investment in R&D. In order to prevent any adverse impact on our national security and economic competitiveness, we must take measures to prevent hostile foreign takeovers of critical industries.