Senators seek to protect U.S. agriculture from foreign acquisitions

U.S. Senators Chuck Grassley (R-Iowa) and Debbie Stabenow (D-Mich.) have introduced new bipartisan legislation to give top U.S. agriculture and food officials permanent representation on the Committee on Foreign Investment in the United States.  The “Food Security is National Security Act of 2017” also would include new agriculture and food-related criteria for CFIUS to consider when reviewing transactions that could result in control of a U.S. business by a foreign company.