At a Senate Banking Committee hearing, Ranking Member Pat Toomey (R-PA) raised numerous concerns about the proposed "National Critical Capabilities Act," also known as "outbound CFIUS."
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The House Financial Services Committee considered bills related to Russian sanctions and testimony by Treasury Secretary Janet L. Yellen on the current state of the international financial system.
The Treasury Department finalized regulations implementing the Foreign Investment Risk Review Modernization Act of 2018.
The Treasury Department proposed regulations to implement the Foreign Investment Risk Review Modernization Act and broaden the authority of the Committee on Foreign Investment in the United States.
Lawmakers introduced a bill that would, among other things, prohibit foreign officials from demanding bribes.