Metavid

Video archive of the US Congress

House Proceeding on Feb 28th, 2007 :: 2:37:05 to 2:38:57
Total video length: 10 hours Stream Tools: Stream Overview | Edit Time

Note: MetaVid video transcripts may contain inaccuracies, help us build a more perfect archive

Download OptionsEmbed Video

Views:215 Duration: 0:01:52 Discussion

Previous speech: Next speech:

Joseph Crowley

2:36:51 to 2:37:05( Edit History Discussion )

Joseph Crowley: of partisanship help, the gentlewoman from new york, mrs. maloney, who was then the ranking member on the relevant committee, the gentlewoman from ohio who is with us now who was chair of that

Carolyn B. Maloney

2:37:05 to 2:37:19( Edit History Discussion )

Carolyn B. Maloney: subcommittee, the minority whip, then the majority whip, myself, the former chairman of the committee, mr. oxley from ohio, we all worked together to say, look, let's gival set of rules and

Carolyn B. Maloney

2:37:05 to 2:38:57( Edit History Discussion )
Speech By: Carolyn B. Maloney

Carolyn B. Maloney

2:37:19 to 2:37:32( Edit History Discussion )

Carolyn B. Maloney: procedures so -- let's give a set of rules and procedures so that people with money in other countries who want to invest in the u.s. in ways that will be beneficial to us can get some

Carolyn B. Maloney

2:37:32 to 2:37:47( Edit History Discussion )

Carolyn B. Maloney: assurance that they can make that investment and not be buffeted politically. people said, look what happened to dubai. first they got an approval, then it was withdrawn. we want to have a good

Carolyn B. Maloney

2:37:47 to 2:37:58( Edit History Discussion )

Carolyn B. Maloney: process so people people could invest with assurance. people who are investing money need assurance, stability, they need certainty. . they also need a certain amount of privacy before

Carolyn B. Maloney

2:37:58 to 2:38:11( Edit History Discussion )

Carolyn B. Maloney: the act. we rejected efforts to expose potential investments to wide publicity and the political process at too early a stage. there was no point scarring these things off. now it should be

Carolyn B. Maloney

2:38:11 to 2:38:29( Edit History Discussion )

Carolyn B. Maloney: noted that entirely independent of this bill, authority exists in the president, delegated as he chooses, to reject investments that would jeopardy dies our national security. there are --

Carolyn B. Maloney

2:38:29 to 2:38:41( Edit History Discussion )

Carolyn B. Maloney: jepar dies our national -- jeopardize our national security. this bill does not weaken any existing statutory protection against investment that might undermine our security. what it says is

Carolyn B. Maloney

2:38:41 to 2:38:57( Edit History Discussion )

Carolyn B. Maloney: for the great bulk of investments that not only undermine our security but add to our prosperity by providing more resources here within the country for good, beneficial economic activity

Michael T. McCaul

2:38:57 to 2:39:07( Edit History Discussion )

Michael T. McCaul: we will have a process which gives you some assurance that you can go ahead with that investment. that's what this bill does. there are some questions about it. there will be some amendments,

Michael T. McCaul

2:38:57 to 2:40:31( Edit History Discussion )
Speech By: Michael T. McCaul

Personal tools

MetaVid is a non-profit project of UC Santa Cruz and the Sunlight Foundation. Learn more About MetaVid

The C-SPAN logo and other servicemarks that may be found in video content are the property of their respective trademark holders. None of these trademark holders are affiliated with Metavid