United States: House Subcommittee Evaluates CFIUS Operations And Authority

Last Updated: January 12 2018
Article by Joseph V. Moreno

Most Read Contributor in United States, June 2018

The House Financial Services Subcommittee on Monetary Policy and Trade considered expert testimony on reforming the Committee on Foreign Investment in the United States ("CFIUS").

CFIUS evaluates proposed transactions that could result in a foreign entity gaining control of a U.S. business. Based on its evaluations, CFIUS is able to recommend that the President reject a transaction or take other mitigating action.

In addition to calling for the allocation of additional resources for CFIUS, panelists made several recommendations to improve operational effectiveness and efficiency.

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