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 Treasury Department issued an interim final rule that "establishes a fee for parties filing a formal written notice of a transaction for review by the Committee on Foreign Investment in the United States.”
The Cabinet added a new topic page focused on the Committee on Foreign Investment in the United States ("CFIUS"). The new topic page is part of an ongoing expansion of available regulatory materials.
The House Financial Services Subcommittee on Monetary Policy and Trade considered expert testimony on reforming the Committee on Foreign Investment in the United States.
A House Subcommittee reviewed the operations of the Committee on Foreign Investment in the United States. Newly introduced legislation would broaden the range of transactions that are subject to review, blocking, or unwinding by CFIUS.