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Treasury wants to boost foreign investment review powers, as Congress dissects Nippon, TikTok deals

U.S. Treasury wants to enhance the power of a little-known, secretive government committee to review deals made between U.S. firms and foreign investors. This comes as high-profile deals involving foreign investment in the U.S. — like Chinese firm ByteDance’s ownership of popular social media app TikTok and Japanese firm Nippon Steel’s bid to purchase Pittsburgh-based U.S. Steel Corp. receive increased scrutiny by lawmakers and even President Joe Biden. A new proposed rulemaking would strengthen powers for the interagency Committee on Foreign Investment in the United States — known as CFIUS — which is tasked with investigating corporate deals for national security concerns and holds power to force the company to divest ownership or change major parts of the firm. ....

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Secretive government committee could get more investigation power as authorities scrutinize TikTok and U.S. Steel deal

The Committee on Foreign Investment in the United States probes corporate deals for national security concerns. ....

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Treasury wants to boost foreign investment review powers, as Congress dissects Nippon, TikTok deals – Metro US

Treasury wants to boost foreign investment review powers, as Congress dissects Nippon, TikTok deals – Metro US
metro.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metro.us Daily Mail and Mail on Sunday newspapers.

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Treasury wants to boost foreign investment review powers, as Congress dissects Nippon, TikTok deals - The Daily Reporter

Treasury wants to boost foreign investment review powers, as Congress dissects Nippon, TikTok deals - The Daily Reporter
greenfieldreporter.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from greenfieldreporter.com Daily Mail and Mail on Sunday newspapers.

United States , White House , District Of Columbia , John Carlin , Fumio Kishida , Joe Biden , Eric Tucker , Paul Weiss , J Philip Ludvigson , Janet Yellen , Paul Rosen , King Spalding , Us Steel Corp , Justice Department , Committee On Foreign Investment , Associated Press , Nippon Steel , President Joe , Foreign Investment , Prime Minister Fumio Kishida , Assistant Secretary , Investment Security Paul Rosen , Treasury Secretary Janet Yellen , Philip Ludvigson ,

Treasury wants to boost foreign investment review powers, as Congress dissects Nippon Steel, TikTok deals

U.S. Treasury wants to enhance the power of a little-known, secretive government committee to review deals made between U.S. firms and foreign investors. This comes as high-profile deals involving foreign investment in the U.S. — like Chinese firm ByteDance’s ownership of popular social media app TikTok and Japanese firm Nippon… ....

United States , White House , District Of Columbia , John Carlin , Joe Biden , Eric Tucker , Paul Rosen , J Philip Ludvigson , Fumio Kishida , Janet Yellen , Paul Weiss , Associated Press , King Spalding , Committee On Foreign Investment , Justice Department , Us Steel Corp , Nippon Steel , President Joe , Foreign Investment , Prime Minister Fumio Kishida , Assistant Secretary , Investment Security Paul Rosen , Treasury Secretary Janet Yellen , Philip Ludvigson ,