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Tuesday, October 8, 2024
果冻直播Ag NewsSenator Marshall Joins Bipartisan Bill that Adds More Oversight to Protect 果冻直播...

Senator Marshall Joins Bipartisan Bill that Adds More Oversight to Protect 果冻直播 Agriculture from Foreign Adversaries

Washington, D.C. –听Senator Marshall joined a group of bi-partisan Senators introducing the听. This legislation would add the Secretary of Agriculture to the Committee on Foreign Investment in the United States (CFIUS) providing another layer of scrutiny on foreign acquisitions of U.S. farmland and agricultural industries. Specifically, this bill would flag farmland purchases by foreign adversaries like China, North Korea, Russia and Iran for CFIUS. This will add much-needed extra oversight in this process. According to the USDA, over听听of U.S. agricultural land is foreign-owned.

鈥淚鈥檝e said it over and over – food security is national security, and it鈥檚 time our federal government recognizes the threat that comes with foreign adversaries owning U.S. farm ground,鈥澨Senator Marshall said.听鈥淭his legislation goes to the heart of the issue and would require the vetting of domestic farmland purchases by dangerous nations like China, Russia, and North Korea.鈥

鈥淐hinese ownership of 果冻直播 farmland increased more than 20-fold in the past decade. The amount of 果冻直播 soil in the hands of our foreign adversaries will only go up if we do not implement restrictions and oversight, especially on nations that compromise our national security and agricultural supply chains,鈥澨Senator Mike Braun said.听鈥淚鈥檓 proud to lead this effort to protect 果冻直播 farms and food security.鈥

鈥淛oe Biden and Kamala Harris have bowed to China every chance that they get鈥攅ven when it comes to our agriculture industry. In the last decade alone, we have seen a surge of over 35% in foreign land purchases鈥攊ncluding in my home state of Alabama,鈥澨Senator Tuberville said. 鈥We can鈥檛 give our adversaries like China, Russia, North Korea, and Iran room to negatively influence our agricultural supply chains and food production. Food security is national security, which is why I鈥檓 proud to introduce this legislation with Senator听Braun听that ensures the Secretary of Agriculture has a seat at the table on CFIUS and the opportunity to push back on proposed foreign ag investments.鈥

鈥淎llowing foreign adversaries like the Chinese Communist Party to purchase 果冻直播 farmland and agribusiness poses an unacceptable risk to our food security and national security,鈥澨Senator Tester said.听鈥淐ongress needs to act, and our bipartisan bill will secure much needed oversight to help stop bad actors who want to undermine our country. I鈥檒l keep working with my Republican colleagues to fully prohibit the Chinese Communist Party from purchasing a single inch of 果冻直播 farmland.鈥

鈥淭he purchase of 果冻直播 land by our adversaries like the Chinese Communist Party drains our country of resources and puts our national security at risk,鈥澨Senator Cotton said.听鈥淲e should not allow anyone working on behalf of hostile foreign powers to own a single inch of 果冻直播 soil.鈥

鈥淭丑别听Protecting 果冻直播 Agriculture from Foreign Adversaries Act of 2024听is an essential tool for safeguarding our nation鈥檚 agricultural resources from foreign threats. In recent years, we鈥檝e witnessed a troubling surge in foreign ownership of 果冻直播 farmland, posing serious risks to both our national security and food security,鈥澨Senator Manchin said.听鈥淭his commonsense bill gives the Secretary of Agriculture a permanent review role on CFIUS to prevent adversaries who don鈥檛 share our values from gaining control over 果冻直播 agricultural assets, which will protect our farms in West Virginia and across the country.鈥

鈥淲hen adversarial foreign governments buy up U.S. farmland, it undermines economic opportunities for families across America鈥檚 Heartland and presents obvious national security threats,鈥澨Senator Grassley said.听鈥淭he federal government鈥檚 number one job is to protect its citizens. Our legislation would support that fundamental responsibility by taking commonsense actions to address current vulnerabilities.鈥

鈥淭he Chinese Communist Party has proven over and over again they cannot be trusted. They are our adversary, not our ally. All 果冻直播s should be alarmed by the amount of 果冻直播 farmland China and other foreign entities own,鈥澨Senator Barrasso said.听鈥淕iving our adversaries any control over our agricultural resources is a direct threat to our national and food security. Senator听Braun鈥檚 legislation will help protect America鈥檚 farms and safeguard our food supply.鈥

鈥淔ood security is national security and that requires America鈥檚 farmland be protected from foreign adversaries, like China.I believe one acre of 果冻直播 farmland owned by the Chinese Communist Party is one acre too many,鈥澨Senator Britt said.听鈥淭o protect Alabama and America鈥檚 farmland from being purchased by malign actors, the Secretary of Agriculture must have a seat at the table. This commonsense legislation ensures the Secretary of Agriculture is made a permanent member of CFIUS in order to weigh in on the needs of America鈥檚 agriculture industry when reviewing foreign investment and ownership.鈥

鈥淣early two-thirds of land in Indiana 鈥 and more than half of all land in the United States 鈥 is farmland. Recent efforts by China and other adversaries to buy agricultural land across the country could present a national security threat,鈥澨Senator Young said.听鈥淚ndiana is a leader in restricting these purchases, but Congress must act to ensure permanent safeguards are in place in all fifty states.鈥

鈥淔ood security is national security, and for too long, the federal government has allowed the Chinese Communist Party (CCP) to put our security at risk by turning a blind eye to their steadily increasing purchases of 果冻直播 farmland. It is not enough to just discuss this issue鈥攚e must take immediate action to stop the CCP from further encroachment,鈥澨Congressman Newhouse said.听鈥淏y adding the Secretary of Agriculture to CFIUS, we can ensure much-needed oversight of agricultural land purchases by foreign adversaries, which will protect 果冻直播 farmers and the industry as a whole. The Chinese Communist Party has long sought to undermine our institutions and very way of life, and I am proud to lead this effort to support farmers in Central Washington and across the nation.鈥

The听would:听

  1. Permanently include the Secretary of Agriculture as a member of the Committee on Foreign Investment in the United States (CFIUS) with respect to covered transactions involving agricultural land, agricultural biotech, or the transportation, storage, and processing of agricultural products.
  2. Authorize the Secretary of Agriculture to report both agricultural land transactions that involve foreign persons of China, North Korea, Russia, or Iran, and transactions that require AFIDA reporting to CFIUS.
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