As we continue to work within existing authorities to fortify our country against cyber risks, comprehensive legislation remains essential to improving infrastructure security, enhancing cyber information sharing between government and the private sector, and protecting the privacy and civil liberties of the American people.
In addition, the Administration is proposing changes to the Foreign Investment in Real Property Tax Act (FIRPTA) aimed at enhancing the attractiveness of investment in U.S. infrastructure and real estate to a broader universe of private investors.