Congressman John Moolenaar Chairman of the Select Committee on the CCP | Official Website
WASHINGTON, D.C. - Chairman John Moolenaar (R-MI) of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party released a statement following the recent announcement by the Treasury Department that it would expand Committee on Foreign Investment in the United States (CFIUS) coverage of real estate transactions near military installations.
"I welcome the Department of the Treasury’s addition of over fifty military installations to be covered under CFIUS regulations. Treasury’s first move under this expanded authority should be to deny the land purchase by CCP-backed firm Gotion, which is within 100 miles of the newly added Camp Grayling. This is also another sign that state and local leaders should withdraw their support for Gotion as well. While Treasury’s announcement is a good step, this new regulation still allows foreign adversaries to purchase American land without mandatory national security vetting, continuing to leave our military facilities susceptible to surveillance. Congress needs to close this gaping loophole to protect American national security.”
