‘National Security Risk’: Biden Admin Failed to Track Foreign Ownership of U.S. Farmland
The second-largest foreign landowner is a Chinese Communist Party (CCP) member.
BREITBART
An internal investigation has found that Joe Biden’s administration is failing to track foreign ownership of U.S. farmland, after it was recently discovered that the second-largest foreign landowner is a Chinese Communist Party (CCP) member.
The Department of Agriculture (USDA) has not consistently shared timely data on foreign investments in farmland as required under the law, the investigation by the U.S. Government Accountability Office (GAO) found.
The accountability agency’s report, published Thursday, found that the USDA is not in compliance with the 1978 Agricultural Foreign Investment Disclosure Act (AFIDA), which requires information on foreign land investors to be logged in a database which is part of an annual report to the U.S. Congress.
“The United States Department of Agriculture (USDA) does not share timely data on foreign investments in agricultural land collected under the Agricultural Foreign Investment Disclosure Act of 1978, as amended (AFIDA),” the GAO report states, adding that this failure has created “potential national security risks.”
The investigative agency said that with the USDA’s “flawed” information-tracking process, it is impossible for them to report “reliable information to Congress or the public about where and how much U.S. agricultural land is held by foreign persons.”
The GAO said it conducted the study after the USDA “estimated” that foreign investment in American agricultural land had grown to “approximately 40 million acres in 2021.”
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That report was released soon after the shocking revelation was made that a Chinese billionaire somehow stayed under the government’s radar for nearly a decade as the second-largest foreign owner of U.S. farmland.
According to Land Report, “Tianqiao Chen has been staring us straight in the face for almost a decade.”
Billionaire Chen Tianqiao, founder and chairman of Shanda Group (Sanjit Das/Bloomberg via Getty)
In 2015, the CCP member acquired nearly 200,000 acres of Oregon land from Fidelity National Financial Ventures for $85 million — $430 per acre.
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. . . . politicians have voiced their concerns.
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This report confirms our worst fear: the USDA has no idea who owns what land and where, and they have no plan to rectify it.
Food security is national security, and we cannot allow foreign adversaries to influence our food supply while we stick our heads in the sand. https://t.co/cUXs2fsGi1
— Rep. Dan Newhouse (@RepNewhouse) January 19, 2024
[Rep. Newhouse] vowed to “introduce measures aimed at fixing USDA’s internal reporting and data management to identify to Congress, and the American people, exactly who is investing in the over 40 million acres of U.S. farm land reported to have ties to foreign actors.”
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Header featured image (edited) credit: Tim Mossholder via Pexels; inset Ju Peng/Xinhua via Getty
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