Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...

The CFIUS process effectively gives presidents the final say over any foreign investment in the United States—and if it wasn't already apparent why that system needs serious reform, it should be ...

To protect national security, the Committee on Foreign Investment in the United States (CFIUS) may review transactions involving foreign investment in US businesses. Parties to potentially covered ...

FIRRMA’s enactment carried out several important developments to modify CFIUS procedures, expand the Committee’s authority to review transactions involving foreign investments, and enhance the ...

two sources familiar with the CFIUS process told CNN. Officials at the US Energy Department and Commerce Department also had concerns about the deal, one of the sources said. The Department of ...

which reflects a clear violation of due process and the law governing CFIUS (The Committee on Foreign Investment in the United States). Instead of abiding by the law, the process was manipulated ...

National security determinations are ordinarily beyond legal review. But courts have tinkered with the CFIUS process before. A 2014 ruling, opens new tab held that the body’s black-box ...

President Joe Biden on Friday blocked Japanese steel giant Nippon's $14 billion acquisition of U.S. Steel. The companies have ...

Biden’s action raises broader questions about the future of foreign investment in the U.S. and the process CFIUS uses to review certain transactions. Foreign investment into the U.S. has ...

Executives at US Steel and Nippon Steel had refrained from publicly questioning the pending Cfius process, letting it play out in hopes that the panel would unanimously agree the deal didn’t ...

U.S. Steel and Nippon Steel said Monday they are suing the U.S. government over President Joe Biden’s blocking last week of the $14.1 billion sale of the iconic American company to the Japanese firm ...