Committee on Foreign Investment (CFIUS)

Latest in Committee on Foreign Investment (CFIUS)

Trade and Security

The Foreign Investment Risk Review Modernization Act of 2018

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.

The Russia Connection

Unpacking Uranium One: Hype and Law

The latest instance of "what-aboutism" is the House Republican decision to open an investigation of the Uranium One transaction—the allegation that Hillary Clinton transferred control of 20% of America's uranium mining output to a Russian company, in exchange for substantial contributions to the Clinton Foundation from the executives of that same Russian company.

Artificial Intelligence

Beyond CFIUS: The Strategic Challenge of China’s Rise in Artificial Intelligence

Congress may soon consider legislation reportedly being drafted by Senator Cornyn that could heighten scrutiny of Chinese investments in artificial intelligence and other sensitive emerging technologies considered critical to U.S. national security interests.

China

Chinese Investment in the United States: Time for New Rules?

Last month, Tesla announced that it sold a 5% stake to Tencent, a Chinese conglomerate that might best be described as a cross between Facebook and Zynga, with the Huffington Post, Pay-Pal (two Pay-Pals, to be precise), and VC-giant Andreissen-Horowitz thrown in for good measure.

Tesla and Tencent executives did not have travel far to hammer out the details—both are located in Palo Alto. Tesla has been a fixture in Silicon Valley since its 2003 founding, while Tencent opened its U.S. outpost a few blocks from Stanford’s campus in 2010.

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