Date: June 14, 2018

Subject: Providing Congressional Oversight of the Committee on Foreign Investment

Description: Motion to invoke cloture (end debate) on the Toomey (R-PA) amendment to the National Defense Authorization Act which establishes congressional oversight of the rulemaking authority of unelected bureaucrats within the Committee on Foreign Investment in the United States (CFIUS). Under the bill, all major regulations (including those with an economic impact of $100 million or greater) are required to be approved by Congress before their enactment. Additionally, CFIUS must submit to Congress a written report that contains data, economic studies and cost-benefit analysis justifying the implementation of any new regulation. ACU supports increasing government transparency and checks on the rulemaking power of government agencies.

Result: Cloture Motion Rejected, 35-62

Democrat: 0 Yeas, 46 Nays, 1 Not voting
Republican: 35 Yeas, 14 Nays, 2 Not voting
Independent: 0 Yeas, 2 Nays, 0 Not voting

Names ordered: By yea/nay       Order alphabetically       Order by party       Order by state

Click on a Senator's name to see more information for that Senator.