Lawmakers skeptical of Trump plans for US-China investment board

President Trump's proposed US-China investment board to vet Chinese investments is facing bipartisan skepticism on Capitol Hill. Treasury Secretary Scott Bessent outlined the plan to create a board that would identify non-sensitive investment areas, but lawmakers are concerned about bypassing existing national security screening through CFIUS. Support from Republicans hinges on specific details about board composition and investment categories, particularly regarding artificial intelligence and land ownership.