Tag: Committee on Foreign Investment in the United States

This week, U.S. Rep. Michael Waltz, R-Fla., sent a letter to U.S. Treasury Sec. Janet Yellen asking if the ongoing acquisition of Forbes Global Media Holdings (Forbes) by a China-based special purchase acquisition company...

In August, Rubio announced in an op-ed that he would “introduce legislation to create a framework of standards that must be met before a high-risk, foreign-based app is allowed to operate on American telecommunications networks and devices.”

"GNC lists among its retail operations numerous locations in and in the immediate area of U.S. military facilities, including in my home state of Florida. These installations have been the target of a variety of Chinese espionage activities. In the event of a GNC acquisition by HPGC, Chinese authorities and intelligence officials could leverage GNC military sites to gain access to those restricted locations."

U.S. Rep. Ken Buck, R-Col., led the letter which included Yoho who leads Republicans on the U.S. House Asia and the Pacific Subcommittee. 

“More than a year ago, I warned that our nation has critical vulnerabilities and supply chain risks in key sectors of our economy, including in pharmaceuticals, as a result of decades of lost industrial capacity to China,” Rubio said.

U.S. Sen. Marco Rubio, R-Fla., is continuing his efforts to sound the alarm on the Chinese regime’s connections with Huawei as that company expands 5G across the globe.

On Wednesday, U.S. Sen. Marco Rubio, R-Fla., wrote U.S. Treasury Sec. Steven Mnuchin requesting the Committee on Foreign Investment in the United States (CFIUS) to exercise its authority and launch a full review of...