Congress weighing foreign investment against national security

摘要

On the heels of President Trump's executive order to block Singapore-based Broadcom's $ 117 billion bid to buy U.S. chip maker Qualcomm, the Pentagon's top industrial base official urged lawmakers last week to further expand the authority of the powerful and secretive government committee that helped kill the deal. Eric Chewning, deputy assistant secretary of defense for manufacturing and industrial base policy, said March 15 the powers of the Committee on Foreign Investment in the United States should be broadened to protect U.S. technologies from being stolen or acquired by foreign adversaries.