BALDWIN, KHANNA LEAD BILL TO STEP UP OVERSIGHT ON FOREIGN INVESTMENT TO PROTECT AMERICAN WORKERS, PREVENT PRESIDENT'S SELF-DEALING

WASHINGTON, June 11 -- Sen. Tammy Baldwin issued the following press release:

Today, Senator Tammy Baldwin (D-WI) and Representative Ro Khanna (D-CA-17) introduced new legislation to ensure foreign investments made in the United States actually benefit American workers, while preventing the President from self-dealing. The Foreign Investment Review Monitoring and (FIRM) Commitment Tracking Oversight Board Act adds structured accountability, transparency, and standards for foreign investments.

"While foreign investments can create jobs and support our local economies, they also can open the door to adversaries undercutting American workers and the President lining his pockets," said Senator Baldwin. "If foreign countries are going to inves...