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By popular demand (thanks @goodhouses) a thread on #natsecurity review of #FDI, #CFIUS, its expansion under Trump, and what we are likely to see from CFIUS during the #Biden administration:
CFIUS is the U.S. interagency committee that reviews acquisitions (and now certain investments that fall below this threshold) of U.S. businesses for potential national security risks. The process is mostly voluntary & provides legal safe harbor to cleared transactions.
CFIUS can only intervene in a transaction if the committee (Treasury, State, DoD, DHS, DOE, Commerce, USTR, Science & Tech Policy, DOJ) determines there is a natsec risk arising from the transaction. Natsec is not defined in statute, but see here: home.treasury.gov/system/files/2…
