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Senate legislation would add Ag Secretary to CFIUS

Summary by AM 1100 The Flag WZFG
(WASHINGTON, DC) – Senator John Hoeven has joined a pair of Senate colleagues in reintroducing an act which would add the Secretary of Ag to a government body overseeing the vetting process of foreign investment and acquisition of American companies. The Foreign Adversary Risk Management (FARM) Act would add the Secretary to the Committee on Foreign Investment in the United States (CFIUS). Currently, CFIUS does not directly consider the needs of…
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