WASHINGTON, D.C. - U.S. Chamber of Commerce Senior Vice President for International Policy John Murphy commented on the executive order issued today by the White House to establish an outbound investment screening mechanism:
“The Chamber is looking forward to reviewing today’s executive order establishing an outbound investment screening mechanism. We’ve appreciated the openness of the White House and several agencies, which met with the Chamber a number of times to seek business input in the course of preparing the EO.
“We also welcome the opportunity to offer comments on the proposed rulemaking, as the administration has proposed, to ensure the measure is targeted and administrable. We will be working closely with our members to do so, as well as continuing to engage with lawmakers on legislative proposals addressing similar concerns.
"The Chamber remains committed to working with policymakers to both safeguard our national security and values, and also preserve the area of commercial opportunity where we can and should engage productively."