After several months of back-and-forth, the Senate and House of Representatives agreed on a consensus version of the Foreign Investment Risk Review Modernization Act (FIRRMA) on July 23. FIRRMA reforms the Committee on Foreign Investment in the United States (CFIUS) process currently used to evaluate and address national security-related concerns related to foreign investment into the United States.
Latest in CFIUS
As technological capabilities expand, it’s getting harder to distinguish between national security and economic interests.
Prospective foreign investors in U.S. companies with sensitive data may be able to win approval by involving an independent third party.
Broadcom, a foreign company, is attempting a hostile takeover of Qualcomm, a leading American developer of the 5G network. That's a national security concern and CFIUS should be examining the battle.
A summary and analysis of the Foreign Investment Risk Review Modernization Act (FIRRMA), Congress’ proposal to reform the Committee on Foreign Investment in the United States (CFIUS), an interagency group responsible for reviewing foreign investment for potential national security risks.
The question of whether Chinese state-owned enterprises (SOE) should be free to take control of U.S. companies or companies that otherwise affect the United States’s national security interests seems likely to come up during the first few months of the Trump presidency.