Grassley, above, and Thune said the Committee on Foreign Investment in the United States should consider whether the sale of battery maker A123 Systems to Chinese company Wanxiang Group compromises “American military and energy security.”
Grassley in a statement called the review process “the last hope for ensuring some regard for U.S. interests.”
Acting on the panel’s advice, President Barack Obama in September blocked the sale of an Oregon wind farm to a Chinese-owned company, citing national security concerns arising from its proximity to a military base.
Such disputes, though, are typically resolved before they reach the president’s desk.
Vice President Joe Biden waits to conduct a mock swearing-in ceremony with Sen. Brian Schatz, D-Hawaii, in the Capitol's Old Senate Chamber, December 2, 2014. Schatz was sworn in to serve the remainder of his term since he was appointed to the seat after Sen. Daniel Inouye, D-Hawaii, passed away.