Foreign investment is one of the legal means that adversaries, like China, can use to collect Americans’ data, exasperating both privacy and national security risks. To counter this, U.S. Senators Marco Rubio (R-FL) and Raphael Warnock (D-GA) reintroduced the...
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ICYMI: Rubio Joins Special Report
U.S. Senator Marco Rubio (R-FL) joined Special Report with Bret Baier to discuss the impending government shutdown, the possibility of a Saudi-Israeli normalization deal, and the indictment of Senator Bob Menendez (D-NJ). See below for highlights and watch the full...
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ICYMI: Rubio: Congress Should Think Before It Regulates AI
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ICYMI: Rubio Joins The Aaron Renn Show
U.S. Senator Marco Rubio (R-FL) joined The Aaron Renn Show to discuss Rubio’s Labor Day report on working (and non-working) men. See below for highlights and listen to the full interview here. On protecting American jobs and interests: “We made a series of economic...
ICYMI: Rubio Debates Coons on China, Environment
U.S. Senator Marco Rubio (R-FL) debated Senator Chris Coons (D-DE) on China, global leadership, and environmental policy at an event hosted by the Bipartisan Policy Center’s Senate Project at George Washington University. “We have to shape a future that recognizes...
Rubio Slams CFIUS Approval of OpenFive Sale to Chinese-Funded Company
The Committee on Foreign Investment in the United States (CFIUS) approved the sale of U.S.-based semiconductor IP developer OpenFive to Chinese-funded Alphawave IP Group. Alphawave, which touts its extensive business in China, is backed by Wise Road Capital, a Beijing-based private equity firm propped up by the Chinese Communist Party.
U.S. Senator Marco Rubio (R-FL), who requested a CFIUS review of the sale in April 2022, slammed the decision.
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“The Biden Administration is failing the American people. Faced by a crippling inability to produce its own cutting-edge tech R&D, China is making an aggressive play to buy and steal U.S. IP.
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“By failing to block this latest sale, the Biden Administration has yet again demonstrated its total unwillingness to take this threat seriously. American competitiveness will suffer in the long term as a result.” — Senator Rubio