WASHINGTON, June 16 -- Sen. Jon Husted issued the following press release:
Sen. Jon Husted (R-Ohio) today introduced the Investing in National Values, Economy, Strategy and Tomorrow (INVEST) Act. This bill would ensure strategic federal ownership stakes in private companies are temporary.
The Trump Administration has made bold, historic investments to strengthen domestic supply chains and expand American production in industries critical to long-term national and economic security, including chips and critical minerals. These investments are rightly intended to benefit taxpayers and increase U.S. independence and economic competitiveness. However, there is currently no clear process to unwind the federal government's equity stakes once th...