Loading...
Loading...
Browse all stories on DeepNewz
VisitHouse Passes H.R. 9456 to Block Foreign Ownership of American Farmland
Sep 11, 2024, 08:19 PM
The House of Representatives has passed the Protecting American Agriculture from Foreign Adversaries Act, also known as H.R. 9456, introduced by Rep. Newhouse. This legislation aims to prevent foreign entities, particularly those aligned with the Chinese Communist Party (CCP), from purchasing American farmland. The bill adds the Secretary of Agriculture to the Committee on Foreign Investment in the United States (CFIUS) to increase oversight of agricultural land purchases. Proponents of the bill, including Rep. Frank Lucas, Rep. Mike Flood, Rep. Jim Baird, and Rep. Dusty Johnson, argue that foreign ownership of American agricultural land poses a significant national security risk. The bill's passage is seen as a crucial step in safeguarding the country's agricultural assets and ensuring food security.
View original story
Markets
No • 50%
Yes • 50%
Official Presidential signing records
No • 50%
Yes • 50%
USDA farmland ownership reports
Yes • 50%
No • 50%
Official Senate voting records
Senate passes the bill • 25%
No action taken • 25%
Bill is tabled • 25%
Bill is amended in committee • 25%
Official Congressional records
Constitutional concerns • 25%
Economic impact on US farmers • 25%
Violation of free market principles • 25%
Diplomatic repercussions • 25%
Statements from political figures, media reports, and Congressional records
Agricultural lobby groups • 25%
Foreign governments • 25%
Democratic Senators • 25%
Republican Senators • 25%
Statements from political figures, voting records, and media reports