More U.S. Lawmakers Call for Scrutiny of Chinese Takeovers

  • House intelligence committee Chairman Nunes backs CFIUS review
  • Dalian Wanda media acquisitions cited in Sept. 15 letter

U.S. Lawmakers Call for Scrutiny of Chinese Takeovers

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Two U.S. representatives from California, including the head of the House intelligence committee, have joined the group of lawmakers backing an appeal to the government to increase scrutiny of Chinese takeovers of American companies.

Republicans Devin Nunes and Ken Calvert added their names to a bipartisan list of 16 other legislators who asked the U.S. Government Accountability Office in a Sept. 15 letter to review the matter, according to Clark Fonda, deputy chief of staff for Representative Robert Pittenger, a North Carolina Republican who drafted the letter. Nunes chairs the House Permanent Select Committee on Intelligence.