CFIUS
Total 41 Posts
U.S. Treasury Expands Coverage of Foreign Investment in Real Estate Near Military Sites
Yesterday, the U.S. Department of the Treasury, which is the Chair of the Committee on Foreign Investment in the United States (CFIUS), issued a Notice of Proposed Rulemaking that would "expand CFIUS’s jurisdiction over certain transactions by foreign persons involving real estate in the United States."
Republican Congressman Investigates Chinese-Owned Tutoring Website
Last week, U.S. Senator Bill Cassidy (R-LA) "launched an inquiry" into Chinese-owned Tutor.com "amid concerns that its users’ sensitive data could be used and exploited by the Chinese Communist Party (CCP)."
Biden Administration Blocks Chinese-Linked Cryptocurrency Facility Near Air Force Base
Earlier this week, the Biden administration blocked a Chinese-linked investment in a cryptocurrency mining facility located close to a U.S. air force base in Wyoming.
Kansas, Missouri Politicians Wary of Recently Proposed Chinese Investment
A number of Kansas and Missouri politicians have raised concerns about a proposed Chinese investment in a U.S. manufacturing facility that makes products used in EV batteries.
U.S. Senator, Representatives Call for CFIUS Investigation of Gotion
U.S. Senator Marco Rubio (R-FL), U.S. Representative John Moolenaar (R-MI), and several other House Republicans from Michigan and Illinois sent a letter to Secretary of the Treasury Janet Yellen, "urging the Committee on Foreign Investment in the United States (CFIUS) to review the ownership of Gotion, Inc.
U.S. House CFIUS Hearing Touches on Chinese Battery Investments in U.S.
At a U.S. House of Representatives hearing yesterday on "Oversight of the Committee on Foreign Investment in the United States (CFIUS) and Other Efforts to Strengthen National Security in the United States," Congressman Bill Huizenga (R-MI) had two exchanges with Assistant Secretary of the Treasury Department Paul
CFIUS 2023 Annual Report Offers Latest Data on Reviews of Chinese Investment in U.S.
On July 31, the Committee on Foreign Investment in the United States (CFIUS), an interagency body that reviews certain transactions involving foreign investment in the United States to determine the effect on national security, released its annual report to Congress for 2022.