1、 July 29, 2014 The Committee on Foreign Investment in the United StatesOverview What is CFIUS? The Committee on Foreign Investment in the United States (CFIUS) is an interagency committee that serves the President in overseeing the national security implications of foreign investment in the economy.
2、 It reviews foreign investment transactions to determine if: 1) they threaten to impair the national security; 2) the foreign investor is controlled by a foreign government; or 3) the transaction could affect homeland security or would result in control of any critical infrastructure that could impa
3、ir the national security. The President has the authority to block proposed or pending foreign investment transactions that threaten to impair the national security. What is the Source of CFIUS Authority? CFIUS initially was created and operated through a series of Executive Orders. In 1988, Congres
4、s passed the “Exon-Florio” amendment to the Defense Production Act (50 USC App sect. 2170), which codified the CFIUS review process due in large part to concerns over acquisitions of U.S. defense-related firms by Japanese investors. In 2007, amid growing concerns over the proposed foreign purchase o