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Senate takes new look at foreign acquisitions of U.S. companies

Sen. John Cornyn (R-TX)
Sen. John Cornyn (R-TX). Photo by Al Drago/Getty Images

The Senate Banking Committee today will hear testimony on proposed changes to the review process for acquisitions and other foreign investments in U.S. companies.

Why it matters: This is nominally about any foreign investment in the U.S., but it's really about worries that China is stealthily acquiring U.S. technological secrets.