WASHINGTON – Nancy McLernon, president and CEO of the Organization for International Investment (OFII), issued the following statement in support of House passage of the Foreign Investment Risk Review Modernization Act (FIRRMA):
“Today’s bipartisan action exemplifies thoughtful leadership, where policymakers worked together to safeguard national security while also preserving America’s economic competitiveness. I commend Members of Congress for keeping America’s investment review system squarely focused on national security so that our nation’s adversaries cannot exploit our economic openness.”
About OFII
Representing the U.S. operations of many of the world's leading international companies, OFII ensures that policymakers at the federal, state and local level understand the critical role that foreign direct investment (FDI) plays in America’s economy. OFII advocates for fair, non-discriminatory treatment of foreign-based companies and promotes policies that will encourage them to establish U.S. operations, which in turn increases American employment and U.S. economic growth.
FOR IMMEDIATE RELEASE – June 26, 2018
CONTACT – Jonathan Samford, 202.659.1903