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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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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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Consumer Reports | Facebook Marketplace safety

It’s that time of year when yard sales and flea markets spring up or at least they used to.

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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.

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Treasury seeks to boost foreign investment review

Treasury seeks to boost foreign investment review
finance-commerce.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finance-commerce.com Daily Mail and Mail on Sunday newspapers.

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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…

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