On behalf of FreedomWorks’ activist community, I urge you to contact your Senators and urge them to vote YES on limited government amendments to the National Defense Authorization Act (NDAA), H.R. 5515. These two amendments would restore much needed congressional oversight on investment policymaking and guarantee due process of law for American citizens in accordance with the Fifth Amendment to the Constitution.
S. Amdt. 2700, offered by Sen. Pat Toomey (R-Pa.), would ensure that any major regulation handed down by the Committee on Foreign Investment in the United States (CFIUS) requires congressional approval before taking effect. CFIUS is one of the latest efforts to expand the administrative state and would give federal regulators the ability to broadly define which transactions must face intense government scrutiny. This will chill investment into U.S. businesses and our economy.
Sen. Toomey’s amendment would apply the principles of the REINS Act to CFIUS to make sure Congress