A bipartisan group of lawmakers introduced legislation to require Treasury's Committee on Foreign Investment in the U.S. to review farmland purchases by China, Russia, and other foreign adversaries, closing what sponsors called "dangerous loopholes," according to CBS News. Said Rep. John Moolenaar, the Michigan Republican who chairs the Select Committee on China and led the bill: "Food security is national security, and we cannot allow foreign adversaries like China to buy up American farmland near our most sensitive military and critical infrastructure sites." USDA data as of December 2024 puts total foreign-held agricultural land at more than 40 million acres; Chinese holdings amount to less than 1 percent of that figure.