Two U.S. Senators have sent a letter to Treasury Secretary Janet Yellen, renewing a request to have CFIUS review the transactions of Brazilian meatpacking conglomerate JBS. Details, prior attempts, context, and the actual letter are inside.
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Congressional Letters
Did Congressman misconstrue the mandate of CFIUS in recent letter?
A Congressman from Texas is urging Treasury Secretary Janet Yellen and Energy Secretary Jennifer Granholm (pictured) to have CFIUS review the sale of a U.S. refinery to a foreign company. But there are issues. Details, the letter, and some humorous expert insights are inside.
Treasury Sec. Yellen gets CFIUS mail from Congressional leaders
This week, Treasury Secretary Janet Yellen received two letters from Congressional leaders regarding CFIUS. One related to the Chinese “potentially taking action to evade CFIUS reviews”; the other requested the review of a deal approved by CFIUS in 2016. Details and letters inside.
Texas Rep. challenges CFIUS ruling on China-owned wind farm
Congressman Tony Gonzales (R-Texas) has publicly challenged a decision by CFIUS to approve the sale of a wind farm to a company with ties to the Chinese Communist Party. Details, the letter, our related coverage, and contacts are inside.
Sen. Rubio asks CFIUS to review another acquisition
Senator Marco Rubio (R-FL) has asked CFIUS to look into the Chinese acquisition of health and nutrition retailer GNC. This is not the first time Sen. Rubio has sent such a request. Details, context, and the actual letter are inside.
Sen. Marco Rubio asks CFIUS to look at AT&T deal
Senator Marco Rubio (R-FL) recently sent a letter requesting that CFIUS review the national security implications of an upcoming sale of AT&T assets to a Czech-owned conglomerate. Details and the letter are inside…
Senators: We “cannot ignore” security threat of TikTok
Two U.S. Senators have sent a letter to the Acting Director of National Intelligence, requesting an assessment of the national security risks posed by TikTok, a China-owned video app. Details and the letter inside…
Should CFIUS domain extend to security of food supply?
Last week, two U.S. Senators asked the Treasury Secretary to begin a CFIUS review of the U.S. transactions of Brazilian meat-processing company JBS S.A., which has been accused of bribing politicians. Is this beyond CFIUS’ scope?