Russian-backed Kentucky aluminum mill says it's not subject to national security review

[TexasTowelie]

WASHINGTON -- A Russian-backed aluminum mill trying to set up shop in Kentucky insists it is outside the scope of any review by a special government panel charged with scrutinizing foreign investment that could cause national security concerns.

A statement to McClatchy Wednesday from Braidy Industries said that while it “respects and supports the important national security responsibilities” of the Committee on Foreign Investment in the United States, its $1.7 billion mill project in Ashland “does not enter or interfere with (the committee’s) rules or regulations.”

Congressional Democrats want such a review because of a planned $200 million investment from a Kremlin-linked company. The Treasury Department, while not confirming or denying any such review, said in a letter Tuesday that it has the power to lead one.

The Braidy statement refers to the project as a “greenfield.” Under the Committee on Foreign Investment’s regulations, greenfields are a type of project involving a U.S. business that did not exist prior to the foreign investment and are not generally subject to the committee’s review.

Read more here: https://www.mcclatchydc.com/news/politics-government/congress/article231221518.html

[BlueJac]

1. Nothing to see here...

just more Russian and friends of Mitch and the White House.

[Scarsdale]

2. I am sure that an American

company that located a large, expensive plant in Russia would get the same treatment. Yeah, RIGHT. Surely there is a US company that is capable of opening an aluminum plant? What is Mitch's cut? tRump's cut? The people of Kentucky have supported this vile "representative" for too long. He not only affects them, but the rest of us, too. Great location to run a takeover of the USA. The gop will jump onboard in a flash.

[FailureToCommunicate]

3. Sure. No review necessary. This Oleg Deripaska is a fine, upstanding friend of Putin,

...why would there be any cause for concern.

[mitch96]

12. " This Oleg Deripaska is a fine, upstanding friend of Putin,"

Da Tavarish...
Friend Vitter (ex politician now lobbyiest) pushed McTurtle to squash sanctions on the russians... No proof but mcTurtle prolly got a big paycheck. Derapaska with the help of mcTurtle opens big beautiful aluminum plant in Kentucky. Mitch looks like superman by getting jobs to a coal ravaged state.. Vitter's wife get PERMANENT judgeship pushed thru the senate ASAP...
Yes, nothing going on.... or is it just pay to play politics...
m

[FailureToCommunicate]

13. Yes, all of that, and more we're likely unaware of. It's all so Orwellian.

[hatrack]

4. And will they pay a single nickle in property taxes or to build out local infrastructure?

Heavens no!!

[Ramsey Barner]

5. Forget about national security - the region needs jobs!!!

(yes, that's sarcastic.) I thought Trump had created all kinds of coal mining and manufacturing jobs in that region so we wouldn't have to sell our souls to furriners! What happened to America First?

[They_Live]

6. Are they claiming

executive privilege?

[Duppers]

9. Ha! Yes, seems like it. nt

[keithbvadu2]

7. President Putin has spoken.

[Bernardo de La Paz]

8. tRump put National Security tariffs on Canadian aluminum, but Mitich's Russian stuff, no problem. nt

[TheBlackAdder]

10. Of course not, as my daughter, who works for a US senator is chosen for two enhanced TSA inspections

.

Just this morning, on a domestic flight. Got randomly pulled for her Documents.

Then went through a scanner and further pat down.

.

[Perseus]

11. This is insane at all levels

I hope Democrats do not allow this to happen.

Open ended gift to Russia...They will fill it up with spies and other rouge people to have a better handle to affect our elections, to indoctrinate the children of its employees, etc. Oh, all the "great" things they can do.