Senator Mike Crapo | Official U.S. Senate headshot
Senator Mike Crapo | Official U.S. Senate headshot
U.S. Senator Mike Crapo (R-Idaho) has co-sponsored the Protecting American Agriculture from Foreign Adversaries Act of 2024, aiming to add the Secretary of Agriculture to the Committee on Foreign Investment in the United States (CFIUS). This initiative seeks to enhance scrutiny on foreign acquisitions of U.S. farmland and agricultural industries, particularly focusing on purchases by nations such as China, North Korea, Russia, and Iran.
“This legislation protects Idaho from threats seen and unseen,” said Crapo. “Allowing land purchases from foreign adversaries to go unchecked poses a great risk to national security and encroaches on America’s natural resources.”
Other senators supporting this bill include Mike Braun (R-Indiana), Tommy Tuberville (R-Alabama), Joe Manchin (I-West Virginia), Tom Cotton (R-Arkansas), Jon Tester (D-Montana), Roger Marshall (R-Kansas), John Fetterman (D-Pennsylvania), Chuck Grassley (R-Iowa), Marsha Blackburn (R-Tennessee), Pete Ricketts (R-Nebraska), John Barrasso (R-Wyoming), Katie Britt (R-Alabama), Tammy Baldwin (D-Wisconsin), Todd Young (R-Indiana), Deb Fischer (R-Nebraska, Joni Ernst (R-Iowa) and Cynthia Lummis (R-Wyoming).
The U.S. House of Representatives passed companion legislation introduced by Representative Dan Newhouse earlier this week.
According to the U.S. Department of Agriculture, more than 43.4 million acres of U.S. agricultural land are foreign-owned.