12/17/2024 | Press release | Distributed by Public on 12/17/2024 12:36
Washington, DC -- Upon his introduction today of the Safeguard American Innovation Act, Rep. Pat Fallon (TX-04) commented:
"The 'Safeguard American Innovation Act' is vital to securing our nation's technology and deterring foreign threats, particularly from China. Recent cyberattacks like SolarWinds and Salt Typhoon have shown how vulnerable our defense and IT systems are to foreign interference. This bill will take action to prevent this by blocking any Department of Defense (DOD) contracts with companies tied to China that could jeopardize our national security."
"China's laws force companies to share sensitive technology, including software source code, posing a serious risk," said Rep. Fallon. "By banning contracts with companies that operate in China, are funded by the People's Republic of China (PRC), or allow China access to critical code, this bill helps ensure our IT infrastructure remains secure and our technological advancements stay out of adversaries' hands. This legislation is essential to protecting American innovation, keeping our military safe, and maintaining US technological leadership. We cannot delay when modern threats put our national security at stake."