Foreign Takeover Review Process May Get Makeover
Sen. Chris Dodd (D-Conn.), and Sen. Richard Shelby (R-Ala.) said on Thursday that they would offer a bipartisan measure to reform the Committee on Foreign Investment in the United States, which reviews foreign transactions based on national security matters.
The legislation will be marked up this week in the Banking Committee, the senators said.
Dodd, who is chairman of the Senate Committee on...
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