Sen. Tommy Tuberville of Alabama and Rep. Ronny Jackson of Texas introduced a bipartisan bill they say would protect America’s agriculture industry from improper investment. The Foreign Adversary Risk Management Act, or “FARM Act,” would bolster the U.S. agriculture industry’s role on the Committee of Foreign Investment in the United States. That governmental body is responsible for vetting foreign investments and acquisitions of American companies.
“Over the past few years, we’ve seen an alarming increase in foreign purchases of farmland and food companies, particularly by…