FARM Act
Summary
The Foreign Adversary Risk Management (FARM) Act would designate the U.S. agricultural industry, including its supply chains and technology, as "critical infrastructure" to protect it from foreign interference. The bill adds the Secretary of Agriculture as a permanent member of the Committee on Foreign Investment in the United States (CFIUS), the interagency body responsible for reviewing the national security implications of foreign investments.
For citizens, this legislation aims to increase federal oversight of foreign purchases of American farmland and agribusinesses to ensure the domestic food supply remains secure. Additionally, the bill requires the Department of Agriculture and the Government Accountability Office to conduct formal studies on the extent of foreign influence within the U.S. agricultural sector.
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