Bipartisan CFIUS Proposals Lack Cohesive Security Strategy

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By Devin DeBacker (November 12, 2021, 5:15 PM EST) — The Committee on Foreign Investment in the United States continues to be the premier bipartisan tool for tackling economic national security risks.

It was just three years ago that Congress significantly expanded CFIUS jurisdiction and authority on an overwhelmingly bipartisan basis. And President Joe Biden has continued to emphasize CFIUS’ tough scrutiny of foreign transactions and investments in U.S. businesses as part of his broader priorities to secure supply chains and address national security risks from China and other competitors.[1]

Now, there is a flurry of largely bipartisan proposals in Congress that would again expand CFIUS’ reach. The proposals target five…

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