Senators Want Food Safety Review When US Firms Sold Overseas

WASHINGTON – Two U.S. senators from Midwestern states will introduce a bill on Tuesday that would require foreign companies buying U.S. food and agriculture firms to undergo a review aimed at ensuring the deal would not hurt U.S. food security.

The legislation from Senators Chuck Grassley, an Iowa Republican, and Debbie Stabenow, a Michigan Democrat, would add the secretaries of the Agriculture Department and Health and Human Services, which oversees the Food and Drug Administration, to a panel that reviews mergers and other deals to ensure that transactions do not harm national security.

The agencies would join a group that has traditionally focused on preventing sensitive high technology and military expertise from falling into the wrong hands.

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