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Letter: US Treasury responds to Senator Stabenow's concerns about Shuanghui-Smithfield transaction

( July 9, 2013, 22:37 GMT | Official Statement) -- MLex Summary: President Barack Obama's administration wants to balance the encouragement of foreign investment with national-security considerations, a US Department of Treasury official said in response to a letter from Senator Debbie Stabenow, chairwoman of the Senate Committee on Agriculture, Nutrition and Forestry, about Shuanghui International's bid for Smithfield Foods. The official declined to comment on the US national-security review of the transaction.Letter is below....

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