Senate Eyes New Role for CFIUS in Combating ‘Foreign Malign Influence or Espionage Activities’ Targeting ‘Institutions of Higher Education
By EsqSocial Corporation 19/04/21
This potential expansion of CFIUS’s powers suggests broader congressional concern about attempts by Chinese entities to circumvent CFIUS reviews and access critical technologies. New legislation may soon expand the jurisdiction of the Committee on Foreign Investment in the United States (CFIUS) as part of a broader push by Congress to position the United States to “out-compete” China in the coming decades and counter China’s increasing global influence......
By: Arent Fox