CFS senior advisor Charlie Schott writes on new twists to the Committee on Foreign Investment in the United States (CFIUS). While in government, Charlie’s group oversaw the Treasury-chaired inter-agency Committee.
CFIUS is the place where the United State’s commitment to an Open Investment Policy meets our most important national security concerns.
Early last August Congress passed the Foreign Investment Risk Review Modernization Act (FIRRMA), making significant changes to CFIUS. The following article covers (1) what changes have been made by the new law and (2) what to expect with CFIUS going forward.
Who should be interested in these changes? The short answer is Silicon Valley and financial market participants!