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Illustration: Sarah Grillo/Axios

Senator Rand Paul (R-Ky.) on Wednesday called for a federal national security review of Broadcom's proposed $19 billion acquisition of Computer Associates Technologies (CA) during a Senate hearing on homeland security.

The bottom line: Sources tell Axios that neither Broadcom nor CA asked for a review of their transaction by the Committee on Foreign Investment in the U.S., but that some within the defense and energy communities have been agitating for a CFIUS review anyway. Paul's public call might move the needle.

The backdrop:

  • President Trump in March blocked Broadcom's attempted purchase of Qualcomm, citing national security concerns around 5G networking and Broadcom's manufacturing and customer ties to China.
  • Broadcom has since redomiciled from Singapore to California.
"Earlier this year CFIUS intervened to block Broadcom from acquiring Qualcomm on national security concerns. Now Broadcom is about to complete acquisitions of Computer Associates Technologies, also known as CA Technologies, whose network systems are deeply embedded in many of our critical infrastructure facilities and national security agencies. For example, 60% of us electric companies are serviced by companies using CA systems. Similarly their systems are used in 29 nuclear reactors. Is CFIUS reviewing this transaction...
We will send you a letter advocating that CFIUS looks at this... Just because Broadcom has changed its domicile to [the U.S.] doesn't mean we shouldn't look at Broadcom."
— Statement from Rand Paul

Update: Broadcom pushes back, cites "fraudulent" memo

Go deeper

28 mins ago - Sports

U.S. swimmer Caeleb Dressel wins 50-meter freestyle final, sets new Olympic record

Caeleb Dressel during the men's 100m butterfly final at Tokyo Aquatics Centre on July 31, 2021 in Tokyo, Japan. Photo: Xavier Laine/Getty Images

American swimmer Caeleb Dressel won gold and set an Olympic record in the men's 50-meter freestyle on Saturday, beating his own world record that he set in 2020.

Details: Dressel didn't take a breath while in the pool to win the race in 21.07 seconds. France's Florent Manaudou won the silver medal, and Brazil’s Bruno Fratus bagged the bronze.

2 hours ago - Health

Florida records most new daily COVID cases in state since pandemic began

Nurses bring a portable x-ray machine to a treatment tent outside the emergency department at Holmes Regional Medical Center in Melbourne, Florida, set up to serve as an overflow area as the number of COVID-19 infections surges throughout Brevard County. Photo: Paul Hennessy/SOPA Images/LightRocket via Getty Images

Florida reported 21,683 new COVID-19 cases — the most in the state in a single day since the pandemic began, per data released by the Centers for Disease Control and Prevention on Saturday.

The big picture: Florida is now the U.S. coronavirus epicenter, with the Delta variant driving a surge, Axios Tampa Bay's Ben Montgomery notes.

Updated 5 hours ago - Health

Chart: Less than 0.1% of vaccinated Americans tested positive for COVID-19

Expand chart
Data: CDC and state Covid dashboards. Dani Alberti/Axios

Of the 164 million vaccinated Americans, around 125,000 people have tested positive for breakthrough infections and 0.001% have died, according to state data compiled from state dashboards by NBC and data from the Centers for Disease Control and Prevention.

Why it matters: While "breakthrough cases" have been getting media attention, the low numbers show that the pandemic is mostly a threat for the unvaccinated population.