Information About Recently Introduced Freight RAILCAR Act

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What They're Saying

U.S. Senators Rob Portman (R-OH) and Sherrod Brown (D-OH)

"Further postponement of the Section 232 investigation will invite a growing deluge of steel imports into the U.S. and cause even greater damage to the U.S. steel sector.”

U.S. Trade Representative Robert Lighthizer

"The sheer scale of [China’s] coordinated efforts to develop their economy…and to distort markets in China and throughout the word is a threat to the world trading system that is unprecedented.”

Dr. James Mulvenon, General Manager, Special Programs Division, SOS International

"...the number of examples where China has successfully avoided U.S. regulatory regimes to prevent technology transfer harmful U.S. national security are increasing. The Chinese are learning our system, identifying its gaps and weaknesses, and finding new ways to exploit American technology to their advantage."

U.S. Senator John Cornyn (R-TX)

"By exploiting gaps in the existing CFIUS review process, potential adversaries, such as China, have been effectively degrading our country’s military technological edge by acquiring, and otherwise investing in, U.S. companies."

James Lewis, Senior Vice President, Center for Strategic and International Studies

“China’s goal is to end its dependence on foreign technology and overtake the U.S., as it has overtaken other nations.”

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Twitter Feed

Everyone agrees: Investing in critical #infrastructure is important. In part, that means ensuring foreign SOEs don't get a foothold in the North American freight rail industry, threatening 65,000 family-wage jobs. #RailSecurity #HR2289 #SafeTrainsAct #InvestAct @TransportDems

In a new report, @aemadvisor estimates the addition of 500,000 jobs from a bipartisan #infrastructure bill.

On the freight rail & supply side, it includes protecting 65,000 jobs from foreign threat. @thehill #RailSecurity #SafeTrainsAct #InvestAct #S2016

Q: Remember back in March when @MBTA's new #OrangeLine railcar from Chinese SOE @CRRCMACorp and @CRRC_global derailed, caught fire, and all of the new #CRRC cars were taken off the tracks?

A: Yeah. And they're still out of service.

#RailSecurity #Fail

On the news about Chinese SOEs like @CRRC_global, Stanford Law Prof. Milhaupt said, "The party committee is above the board of directors as the highest decision-making body within the corporation” #RailSecurity @DeptofDefense @TransportDems @TransportGOP

In research from @StanfordLaw's Curtis Milhaupt: In 3 years, 90% of Chinese SOEs gave the Chinese Communist Party formal status in their operations — a move that doesn't bode well for U.S. economic and national security! #RailSecurity #CRRC @DeptofDefense

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