1、 CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i Foreign Investment Risk Review Modernization Act (FIRRMA) (name redacted) Specialist in International Trade and Finance (name redacted) Analyst in International Trade and Finance July 3, 2018 Some Members of Congress, the
2、 Trump Administration, and some U.S. businesses have raised concerns over continued U.S. technological leadership to support national defense and economic security due to growing foreign, primarily Chinese, investments in U.S. high-tech companies. These and other concerns motivated the House and the
3、 Senate to adopt measures, both known as the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA). The bills would amend the current process for the Committee on Foreign Investment in the United States (CFIUS) (under P.L. 110-49) to review, on behalf of the President, the national secur
4、ity implications of foreign direct investments in the United States. The Senate version (S. 2098) of FIRRMA was added as Title XVII to the Senate version of the National Defense Authorization Act for Fiscal Year 2019 (S. 2987, and as incorporated into the Senate amendments to H.R. 5515), which passe
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