Last week, Pres. Biden released several statements and Executive Orders covering foreign investment in the U.S., the protection of sensitive data from foreign adversaries, U.S. private investment in China, and more. Details, source documents, expert insights, and more are inside.
Hot Topicsexecutive order
Back in February, Pres. Biden issued an Executive Order that mandated a 100-day review of vulnerabilities in the U.S. supply chain. That report is now completed and was published last week. Details, downloads, and information on a new supply-chain task force are inside.
In case you missed it, last week saw a flurry of activity as the New York Stock Exchange proceeded with a plan to delist three Chinese companies, and President Trump issued an Executive Order to ban transactions with eight Chinese apps. Details, the orders, and more are inside.
As expected, President Trump has ordered Beijing-based ByteDance to sell its U.S. assets and destroy data of U.S. users. The order includes an onerous weekly certification requirement for ByteDance, and enables CFIUS to access their offices and IT systems until the divestiture is complete. Details and the full order are inside.