Five U.S. Senators have written a letter to Treasury Secretary Scott Bessent requesting a detailed update on the outbound investment screening program. A Presidentially ordered review of the program, complete with recommendations for changes, was due on April 1, and...
As the shutdown advances past 35 days, we're conducting a quick survey of readers to gauge the impact. How has the government shutdown affected your pending CFIUS filings or transactions? Have you received any communication from CFIUS or Treasury staff regarding...
As expected, the Federal Communications Commission approved a rule that would close loopholes in the FCC’s Covered List, prohibiting certain devices that might have been previously authorized. The new rule also applies to covered parts in authorized devices. Details,...
The state of Michigan has allegedly pulled the plug on a proposed $2.4 billion factory that would have produced battery parts for electric vehicles. The controversial plant, proposed more than two years ago, involved Gotion, a company that has ties to the Chinese...
As we predicted three weeks ago, two U.S. Senators have “sounded the alarm” on the acquisition of gaming company Electronic Arts by a group that includes Saudi Arabia’s Public Investment Fund. The Senators argue the deal has serious national security implications....
A Florida Senator is urging CFIUS to review reports that Chinese investors are taking advantage of the recent California wildfires to buy land. According to a letter to the Treasury Secretary, the Chinese are attempting “to infiltrate our nation at the expense of...
Recent Comments