HENDERSON, Ky. (WEHT) - Officials say the U.S. Senate Committee on Commerce, Science and Transportation advanced the "Global Investment in American Jobs Act," a bill led by U.S. senators Todd Young and Gary Peters, to increase America’s global competitiveness.
“An important component of maintaining American leadership in the research, development and deployment of emerging technologies like artificial intelligence, biotechnologies and quantum computing involves removing barriers that inhibit foreign direct investment from trusted countries into the United States,” said Sen. Young. “I’m glad to see this important legislation advance out of the Commerce Committee, and it is now time to bring this bill to the Senate floor.”
According to Sen. Young, for decades, foreign direct investment in