The Committee on Foreign Investment in the United States (CFIUS) will have a bigger role in assessing a deal’s impact on national security.
Late last month, two proposed rules on foreign investment in the United States were published in the Federal Register for public comment. Developed by the Treasury Department, the rules implement the Foreign Investment Risk Review Modernization Act of 2018. That law expanded CFIUS jurisdiction to review mergers and acquisitions that could result in foreign control while simultaneously acknowledging the important role foreign investment has played in the U.S. economy.
