Congressman Lucas Introduces Legislation Increasing Scrutiny of Foreign Investment in Agricultural Businesses
Washington, DC (May 20th) – Today, Congressman Frank Lucas (OK-03) introduced the Agricultural Security Risk Review Act, legislation that would formally place the United States Department of Agriculture (USDA) Secretary as a member of the Committee on Foreign Investment in the United States (CFIUS). The Agricultural Security Risk Review Act ensures that CFIUS is operating effectively and efficiently to determine if a transaction, including agricultural, threatens to impair the national security of the United States.
“Protecting America’s agriculture security is a critical part of our national security,” said Congressman Lucas. “CFIUS is authorized to ensure that our country’s national security isn’t threated by foreign investment, and with an increasing amount of foreign investment in U.S. agriculture, including the Secretary of Agriculture as a member of CFIUS is long overdue. I know firsthand just how important our agriculture industry is, which is why Congress must remove the hurdles that keep USDA from having a permanent seat at the table with CFIUS’ review of foreign transactions.”
Read more »by Muskogee Politico - May 26, 2021 at 11:02PM

Cong. Lucas authors bills to increase scrutiny of foreign investment in ag businesses
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