By Carbondale Reporter |
Jun 27, 2024
U.S. Representatives Mike Bost (IL-12) and Nikki Budzinski (IL-13) expressed concerns today regarding the recent acquisition of the Cahokia grain terminal by COFCO International Ltd, a Chinese state-run company. In a letter to U.S. Treasury Secretary Janet Yellen, chair of the Committee on Foreign Investment in the United States (CFIUS), Bost and Budzinski called for an immediate review of the acquisition to assess its implications for America’s national security and the region’s agricultural economy.