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Treasury seeks 39 more FTEs on CFIUS; other agencies staffing up

Treasury seeks 39 more FTEs on CFIUS; other agencies staffing up

CFIUS and its member agencies are requesting a substantial increase in headcount and resources to conduct foreign investment reviews. This week, we break down the CFIUS-related budget requests from Treasury, Justice, Commerce, Homeland Security, and other agencies, and explain what it means.

Why the DoJ wants $3.4M more for its foreign investment review work

Why the DoJ wants $3.4M more for its foreign investment review work

The Department of Justice’s fiscal year 2024 budget request seeks $32.7 million in total program increases. About 10 percent of that is requested for the National Security Division “for reviewing foreign investments in U.S. industries that may impact national security.” Details, budget inside.