S. 1388 aims to strengthen the scrutiny of certain foreign investments in the United States. It requires the Committee on Foreign Investment in the U.S. to review both new developments (greenfield investments) and existing assets (brownfield investments) made by foreign...
Simple Explanation
This bill makes sure that when someone from another country, which the U.S. is worried about, wants to buy land or buildings in the U.S., there is a special group that checks it out to make sure it's safe for everyone.