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 ...

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 ...

President Joe Biden on Jan. 3, 2025, issued a blocking order (the Order) addressing the proposed acquisition of United States Steel Corporation ...

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 ...

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 ...

“Mr. McCall has made clear from the beginning his intent to use his relationship with President Joe Biden to subvert the CFIUS process and block the Transaction,” attorneys for the two ...

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

After a yearlong review process, the interagency committee ... projects could provide an opening for more scrutiny of how CFIUS handled the steel deal. The Obama administration blocked that ...

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 ...