An Update On CFIUS Reform

By Judith Alison Lee, Jose Fernandez and Stephanie Connor (June 6, 2018, 1:55 PM EDT) -- After six months of wrangling over the fate of a proposal to modernize the process by which the Committee on Foreign Investment in the United States reviews foreign investment in the United States, the U.S. Congress appears primed to streamline and modernize the CFIUS review process. Last month, committees in the Senate and the House of Representatives approved markups of the proposed legislation, which will most likely be included in the National Defense Authorization Act for Fiscal Year 2019. As it currently stands, the proposed legislation would alter the CFIUS review process in many critical respects....

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