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Commerce Department
Still no head of CFIUS, but Biden appoints BIS leader at Commerce

Still no head of CFIUS, but Biden appoints BIS leader at Commerce

Pres. Biden has nominated an Under Secretary for Industry and Security, a position that serves as principal advisor to the Secretary of Commerce on the export of sensitive technologies. Key positions within the Treasury department remain vacant. Details and contacts inside.

Commerce Department can now conduct CFIUS-like reviews

Commerce Department can now conduct CFIUS-like reviews

Effective immediately, a new rule enables the Commerce Department to conduct reviews of transactions between foreign adversaries and U.S. companies that involve “information and communications technology or services.” Details, downloads, contacts, and more are inside.