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Thomas Feddo, former Assistant Secretary for Investment Security at the U.S. Department of the Treasury; first Senate-appointed Head of the Committee on Foreign Investment in the U.S.

“A must-read for anyone operating in the critical intersection of capital markets and national security.”
J. Philip Ludvigson, former Acting Deputy Assistant Secretary for Investment Security at the U.S. Department of the Treasury; former CFIUS Director for Monitoring & Enforcement
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Raimondo wants more money for BIS; China Select says ‘hold on…’
At a defense industry forum last week, Commerce Secretary Gina Raimondo stated that her Department, particularly the Bureau of Industry and Security, needs additional funds to protect America. Almost immediately after her remarks, the House Select Committee pushed back. Details inside.

More countries making progress on their investment screening regimes
Countries throughout the world continue to mature their investment screening regimes, or — in the case of Ireland — unveil their first ones. We have details inside, including an update on Mexico, which has signed an agreement with the Treasury Department to cooperate and share best practices. More inside.

Dueling outbound letters: Make it statutory, or is the tactic “moronic?”
Last week, a bipartisan group of 43 Congressional leaders delivered a letter to the House and Senate Armed Services Committees, recommending a stronger outbound screening regime. The letter was immediately followed by one from House Finance leaders, questioning the sanity of the move.

Homeland Security will host a new “Supply Chain Resilience Center”
Last week, President Biden and Secretary of Homeland Security Alejandro Mayorkas unveiled a new Supply Chain Resilience Center, which is aimed at protecting U.S. supply chain from evolving threats. The SCRC will analyze vulnerabilities, conduct scenario planning, and more. Details inside.
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