H.R. 556: Foreign Investment and National Security Act of 2007

The National Security Foreign Investment Reform and Strengthened Transparency Act of 2007 was written less than one year after the Bush administration received criticism for allowing Dubai Ports World (a United Arab Emirates firm) to manage security at U.S. ports. The bill would direct the executive branch to review business transactions to determine their affect on national security. On February 28, 2007, the House passed the bill 423-0.

Read the bill at: FINSA



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