House Republicans introduce bill to repurchase Panama Canal after Trump raises concerns of Chinese control

House Republicans on Thursday introduced a bill for the United States to repurchase the Panama Canal after President-elect Trump raised concerns that the critical waterway is under Chinese control. 

The bill, named the Panama Canal Repurchase Act, was introduced by Rep. Dusty Johnson, R-S.D., a member of the Select Committee on China and the House Transportation and Infrastructure Committee. 

"President Trump is right to consider repurchasing the Panama Canal," Johnson said in a statement.