Lawmakers worry that TikTok is a national security threat. But it’s important to decouple the risks of the app.
Latest in Committee on Foreign Investment (CFIUS)
U.S. policymakers must have an accurate understanding of how Chinese government access to data works in order to respond to the risks posed in the most responsible and effective manner.
New rules governing foreign investment and acquisition of U.S. real estate recently took effect.
What is behind CFIUS's probe into Tik Tok?
On Sept. 24, the Federal Register published two proposed rules from the U.S. Treasury Department governing the implementation of provisions from the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA).
The Committee on Foreign Investment in the United States (CFIUS) protects U.S. national security by regulating against attempts by foreign commercial efforts to obtain control in a U.S. trade or business.
This is the fourth post in a series. Read the first three parts here, here and here.
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.
If one defines technology as anything that extends human capability, it takes only a short logical leap to conclude that nearly any advantage in technological capability over a competitor entails potential military advantage over that competitor.
Since its creation by President Gerald Ford, the Committee on Foreign Investment in the United States (CFIUS) has acted as a gatekeeper, working to ensure that foreign acquisitions do not impair U.S. national security.