Cornyn, Pittenger ready to introduce bills strengthening CFIUS reviews

Senate Majority Whip John Cornyn (R-TX) and Rep. Robert Pittenger (R-NC) are set to introduce within weeks identical bills with Democratic cosponsors that would update and strengthen the national security watchdog Committee on Foreign Investment in the United States, multiple sources told Inside U.S. Trade . The legislation, drafted by Cornyn in close consultation with the Trump administration, has been given the green light by the administration and has the support of key House and Senate Republicans along with some...