Barr said a recent outbound reform draft with Senate feedback included a provision to delay the full implementation of the Corporate Transparency Act.

The Vault

November 21, 2024

Outbound investment compromise takes shape

The shape of a Republican compromise deal to restrict outbound investment in China is coming into focus as Speaker Mike Johnson pitches the idea to the Senate.

Rep. Andy Barr (R-Ky.) shared new details about the compromise approach he’s brokered with Rep. Michael McCaul (R-Texas) designed to keep American investors and China hawks happy.

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- Brendan Pedersen, Laura Weiss

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