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Debate over scope of Global Investment in American Jobs Act centers on whether to study political and economic determinants of foreign investment
Summary
Senator Markey pressed amendments to require the Commerce Department report to examine political factors — including free‑speech, cronyism, Federal Reserve independence, tariffs and worker wages — but several amendments failed on roll calls; the underlying bipartisan bill was reported favorably.
The Senate Committee on Commerce, Science and Transportation advanced the Global Investment in American Jobs Act after a contentious series of amendment votes that centered on whether the Commerce Department’s required report should examine political and economic actions that may deter foreign direct investment.
Senator Markey offered a slate of amendments to expand the report’s scope to include the impact of government actions on freedom of the press and independent oversight; the role of political favoritism or “crony capitalism;” threats to Federal Reserve…
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