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House Science, Space & Tech panel chair: Outbound investment legislation unlikely this year

February 6, 2024 at 6:14 PM
Divisions in the House and Senate and the upcoming elections pose significant barriers for those looking to Congress to establish an outbound investment regime, the House Science, Space and Technology Committee chair said on Monday, adding that he doesn’t expect legislation to pass in this Congress. “I don't think you'll see legislation quite simply because in the divided House and Senate we have right now, with the presidential campaign ongoing, it's really difficult to do anything,” Rep. Frank Lucas (R-OK),...

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