Three senators introduced a bill April 9 that would authorize the Committee on Foreign Investment in the U.S. to review greenfield and brownfield investments in the U.S. by China and other “foreign countries of concern.”
Sen. Ted Budd, R-N.C., and two other senators introduced a bill April 10 that would bar companies owned or controlled by China or other “foreign adversaries” from owning or operating retail stores on U.S. military bases.
Laura Black, former director of policy and international relations for the Committee on Foreign Investment in the U.S., has joined White & Case as partner in the global trade and foreign direct investment reviews practice, the firm announced. Black joins from Akin Gump, where she worked as senior counsel since 2022. Black worked at CFIUS from 2018 to 2022.
President Donald Trump has ordered the Committee on Foreign Investment in the U.S. to carry out a 45-day review of Japan-based Nippon Steel Corp.’s proposal to purchase U.S. Steel, months after former President Joe Biden blocked the deal (see 2501060040).
The House Financial Services Committee unanimously approved several bills March 5 dealing with foreign investment and sanctions.
The U.S. needs stronger restrictions on the types of advanced technology research that can be shared with academic institutions and other entities from China, lawmakers and witnesses said during a congressional hearing last week, including by possibly extending export controls to cover fundamental research. Others said the U.S. should be careful about cutting off too much collaboration with China, which would disregard the strides universities have recently made to better protect sensitive research.
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
A new White House memo on President Donald Trump’s “America-first investment policy” previews efforts to expand both inbound and outbound foreign investment restrictions, tamp down on the use of mitigation agreements, fast-track investment deals from certain allies and more.
Crystal Saleh, formerly a supervisor for Committee on Foreign Investment in the U.S. issues at USDA, is no longer with the government after being "impacted" by the Trump administration's sweeping cuts of employees who are still on probationary status, she announced on LinkedIn. Saleh had been with USDA since February 2024, where she oversaw projects related to CFIUS compliance and agriculture.