Committee On Foreign Investment In The United States Cfius

Author : Congressional Research Congressional Research Service,James K. Jackson
Publisher : Createspace Independent Publishing Platform
Page : 38 pages
File Size : 40,9 Mb
Release : 2016-08-12
Category : Electronic
ISBN : 1539454819

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The Committee on Foreign Investment in the United States Cfius by Congressional Research Congressional Research Service,James K. Jackson Pdf

The Committee on Foreign Investment in the United States (CFIUS) is comprised of nine members, two ex officio members, and other members as appointed by the President representing major departments and agencies within the federal executive branch. While the group generally has operated in relative obscurity, the proposed acquisition of commercial operations at six U.S. ports by Dubai Ports World in 2006 placed the group's operations under intense scrutiny by Members of Congress and the public. Prompted by this case, some Members of the 109th and 110th Congresses questioned the ability of Congress to exercise its oversight responsibilities given the general view that CFIUS's operations lack transparency. Other Members revisited concerns about the linkage between national security and the role of foreign investment in the U.S. economy. Some Members of Congress and others argued that the nation's security and economic concerns have changed since the September 11, 2001, terrorist attacks and that these concerns were not being reflected sufficiently in the Committee's deliberations. In addition, anecdotal evidence seemed to indicate that the CFIUS process was not market neutral. Instead, a CFIUS investigation of an investment transaction may have been perceived by some firms and by some in the financial markets as a negative factor that added to uncertainty and may have spurred firms to engage in behavior that may not have been optimal for the economy as a whole. On July 12, 2016, Senator Charles Grassley introduced S. 3161 to include the Secretary of Agriculture as a permanent member of the CFIUS and to include the national security impact of foreign investments on agricultural assets as part of the criteria the Committee uses in deciding to recommend that the President block a foreign acquisition.

Author : United States. Congress. House. Committee on Financial Services
Publisher : Unknown
Page : 172 pages
File Size : 45,5 Mb
Release : 2007
Category : Business & Economics
ISBN : PSU:000061489769

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Committee on Foreign Investment in the United States (CFIUS), One Year After Dubai Ports World by United States. Congress. House. Committee on Financial Services Pdf

Author : Anonim
Publisher : DIANE Publishing
Page : 128 pages
File Size : 42,8 Mb
Release : 2024-06-28
Category : Electronic
ISBN : 1422320472

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Committee on Foreign Investment in the United States (CFIUS), One Year After Dubai Ports World: Congressional Hearing by Anonim Pdf

Author : James K. Jackson
Publisher : Unknown
Page : 21 pages
File Size : 54,5 Mb
Release : 2010-10
Category : Electronic
ISBN : 1437927076

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Committee on Foreign Investment in the United States (CFIUS) by James K. Jackson Pdf

CFIUS is comprised of 9 members, two ex officio members, and other members as appointed by the Pres. representing major departments and agencies within the Exec. Branch. While the group generally has operated in relative obscurity, the proposed acquisition of commercial operations at six U.S. ports by Dubai Ports World in 2006 placed the group¿s operations under intense scrutiny. Contents of this report: Background; Establishment of CFIUS; The ¿Exon-Florio¿ Provision; Treasury Dept. Regulations; The ¿Byrd Amendment¿; The Amended CFIUS Process; Procedures; Factors for Consideration; Confidentiality Require.; Mitigation and Tracking; Congressional Oversight; CFIUS Since Exon-Florio; Impact of the Exon-Florio Process on CFIUS. Illus.

Author : James K. Jackson
Publisher : Unknown
Page : 21 pages
File Size : 51,7 Mb
Release : 2009
Category : Investments, Foreign
ISBN : OCLC:489116272

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The Committee on Foreign Investment in the United States (CFIUS) by James K. Jackson Pdf

The Committee on Foreign Investment in the United States (CFIUS) is comprised of 12 members representing major departments and agencies within the federal Executive Branch. While the group generally operates in relative obscurity, the proposed acquisition of commercial operations at six U.S. ports by Dubai Ports World in 2006 placed the group's operations under intense scrutiny by Members of Congress and the public. Prompted by this case, some Members of the 109th and 110th Congresses have questioned the ability of Congress to exercise its oversight responsibilities given the general view that CFIUS's operations lack transparency. Other Members revisited concerns about the linkage between national security and the role of foreign investment in the U.S. economy. Some Members of Congress and others argued that the nation's security and economic concerns have changed since the September 11, 2001 terrorist attacks and that these concerns were not being reflected sufficiently in the Committee's deliberations. In addition, anecdotal evidence seemed to indicate that the CFIUS process is not market neutral, instead a CFIUS investigation of an investment transaction may be perceived by some firms and by some in the financial markets as a negative factor that adds to uncertainty and may spur firms to engage in behavior that is not optimal for the economy as a whole.

Author : Congressional Research Service
Publisher : Createspace Independent Publishing Platform
Page : 44 pages
File Size : 45,5 Mb
Release : 2017-04-07
Category : Electronic
ISBN : 1545213585

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The Committee on Foreign Investment in the United States by Congressional Research Service Pdf

The Committee on Foreign Investment in the United States (CFIUS) is comprised of nine members, two ex officio members, and other members as appointed by the President representing major departments and agencies within the federal executive branch. While the group generally has operated in relative obscurity, the proposed acquisition of commercial operations at six U.S. ports by Dubai Ports World in 2006 placed the group's operations under intense scrutiny by Members of Congress and the public. Prompted by this case, some Members of the 109th and 110th Congresses questioned the ability of Congress to exercise its oversight responsibilities given the general view that CFIUS's operations lack transparency. Other Members revisited concerns about the linkage between national security and the role of foreign investment in the U.S. economy. Some Members of Congress and others argued that the nation's security and economic concerns had changed following the September 11, 2001, terrorist attacks and that those concerns were not being reflected sufficiently in the Committee's deliberations. In addition, anecdotal evidence seemed to indicate that the CFIUS process was not market neutral. Instead, a CFIUS investigation of an investment transaction may have been perceived by some firms and by some in the financial markets as a negative factor that added to uncertainty and may have spurred firms to engage in behavior that may not have been optimal for the economy as a whole. On March 14, 2017, Senator Charles Grassley introduced S. 616 to include the Secretary of Agriculture and the Secretary of Health and Human Services as permanent members of the CFIUS and to include the national security impact of foreign investments in the food and agriculture systems as part of the criteria the Committee uses in deciding to recommend that the President block a foreign acquisition. In the first session of the 110th Congress, the House and Senate adopted S. 1610, the Foreign Investment and National Security Act (FINSA) of 2007. On July 11, 2007, the measure was sent to President Bush, who signed it on July 26, 2007. It is designated as P.L. 110-49. On January 23, 2008, President Bush issued Executive Order 13456 implementing the law. Despite the passage of the amendments, some Members of Congress and others question the performance of CFIUS and the way the Committee reviews cases involving foreign governments, particularly with the emergence of direct investments through sovereign wealth funds (SWFs) and state-owned enterprises. Some policymakers have suggested expanding CFIUS's purview to include a broader focus on the economic implications of individual foreign investment transactions and the cumulative effect of foreign investments on certain sectors or by investors from individual countries. The Obama Administration issued a statement on June 30, 2011, supporting an open investment policy, a commitment to treat all investors in a fair and equitable manner, and support for business investment from sources both home and abroad in the economy. President Obama used the authority granted to him under FINSA to block an American firm, Ralls Corporation, owned by Chinese nationals, from acquiring a U.S. wind farm energy firm and to block a Chinese investment firm from acquiring Aixtron, a German-based firm with assets in the United States. On October 31, 2013, the Obama Administration launched a new initiative, known as Select USA, to attract more foreign direct investment to the United States. According to the Administration, the aim of the program is to make attracting foreign investment as important a component of U.S. foreign policy as promoting exports.

Author : Edward Montgomery Graham,David Matthew Marchick
Publisher : Peterson Institute
Page : 236 pages
File Size : 43,9 Mb
Release : 2006
Category : Business & Economics
ISBN : STANFORD:36105114448488

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US National Security and Foreign Direct Investment by Edward Montgomery Graham,David Matthew Marchick Pdf

Examines foreign direct investment (FDI) in the United States, the national security concerns associated with this investment, and treatment of these concerns under US policy. This book asks whether the Committee on Foreign Investments in the United States (CFIUS) process can be improved and answers in the affirmative.Does foreign ownership of American businesses pose a threat to the United States (like the abortive attempt by CNOOC, a Chinese company, to purchase Unocal during the summer of 2005)? This important new book examines foreign direct investment (FDI) in the United States, the national security concerns associated with this investment, and treatment of these concerns under US policy. It asks whether the Committee on Foreign Investments in the United States (CFIUS) process can be improved and answers in the affirmative. The book starts by looking at the review process for foreign takeovers of US firms (including a historical review), looks at the economic and political impact on the United States of foreign direct investment, takes a detailed look at issues relating to FDI posed by the rise of China as an economic and geopolitical power and finally suggests some changes to the Exon-Florio process.

Author : James K. Jackson,Foreign Affairs, Defense, and Trade Division
Publisher : Unknown
Page : 0 pages
File Size : 48,9 Mb
Release : 2006
Category : Electronic
ISBN : OCLC:1050616068

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The Committee on Foreign Investment in the United States (CFIUS). by James K. Jackson,Foreign Affairs, Defense, and Trade Division Pdf

The Committee on Foreign Investment in the United States (CFIUS) is an interagency committee that serves the President in overseeing the national security implications of foreign investment in the economy. Since it was established by an Executive Order of President Ford in 1975, the committee has operated in relative obscurity. 1 According to a Treasury Department memorandum, the Committee originally was established in order to placate Congress, which had grown concerned over the rapid increase in Organization of the Petroleum Exporting Countries (OPEC) investments in American portfolio assets (Treasury securities, corporate stocks and bonds), and to respond to concerns of some that much of the OPEC investments were being driven by political, rather than by economic, motives.

Author : United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee
Publisher : Unknown
Page : 1088 pages
File Size : 43,7 Mb
Release : 1978
Category : Administrative agencies
ISBN : UOM:39015082028617

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The Operations of Federal Agencies in Monitoring, Reporting On, and Analyzing Foreign Investments in the United States: Examination of the Committee on Foreign Investment in the United States, federal policy toward foreign investment, and federal data collection efforts by United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee Pdf

Author : United States. Congress. House. Committee on Financial Services. Subcommittee on Domestic and International Monetary Policy, Trade, and Technology
Publisher : Unknown
Page : 88 pages
File Size : 54,7 Mb
Release : 2006
Category : Business & Economics
ISBN : PSU:000058945285

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CFIUS and the Role of Foreign Direct Investment in the United States by United States. Congress. House. Committee on Financial Services. Subcommittee on Domestic and International Monetary Policy, Trade, and Technology Pdf

Author : United States. Congress. House. Committee on Foreign Affairs. Subcommittee on Foreign Economic Policy
Publisher : Unknown
Page : 344 pages
File Size : 42,6 Mb
Release : 1969
Category : Investments, Foreign
ISBN : MINN:31951P00622503P

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Foreign Direct Investment Controls by United States. Congress. House. Committee on Foreign Affairs. Subcommittee on Foreign Economic Policy Pdf

Considers H. Con. Res. 85 and H. Con. Res. 86, to request the President to terminate U.S. controls on foreign investments to aid competitive position of American companies abroad.

Author : Theodore Moran
Publisher : Columbia University Press
Page : 66 pages
File Size : 42,9 Mb
Release : 2009-05-15
Category : Business & Economics
ISBN : 9780881325201

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Three Threats by Theodore Moran Pdf

Under what conditions might a foreign acquisition of a US company constitute a genuine national security threat to the United States? What kinds of risks and threats should analysts and strategists on the Committee on Foreign Investment in the United States (CFIUS), as well as their congressional overseers, be prepared to identify and deal with? This study looks at three types of foreign acquisitions of US companies that may pose a legitimate national security threat. The first is a proposed acquisition that would make the United States dependent on a foreign-controlled supplier of goods or services that are crucial to the functioning of the US economy and that this supplier might delay, deny, or place conditions on the provision of those goods or services. The second is a proposed acquisition that would allow the transfer to a foreign-controlled entity of technology or other expertise that might be deployed in a manner harmful to US national interests. The third potential threat is a proposed acquisition that would provide the capability to infiltrate, conduct surveillance on, or sabotage the provision of goods or services that are crucial to the functioning of the US economy. This study analyzes these threats in detail and considers what criteria are needed for a proposed foreign acquisition to be considered threatening. Ultimately, the vast majority of foreign acquisitions pose no credible threat to national security on these grounds.

Author : United States. Congress. House. Committee on Financial Services. Subcommittee on Domestic and International Monetary Policy, Trade, and Technology
Publisher : Unknown
Page : 162 pages
File Size : 50,7 Mb
Release : 2006
Category : Business & Economics
ISBN : STANFORD:36105050435374

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Foreign Investment, Jobs, and National Security by United States. Congress. House. Committee on Financial Services. Subcommittee on Domestic and International Monetary Policy, Trade, and Technology Pdf

Author : United States. Congress. House. Committee on Foreign Affairs. Subcommittee on International Economic Policy and Trade
Publisher : Unknown
Page : 322 pages
File Size : 46,5 Mb
Release : 1989
Category : Investments, Foreign
ISBN : STANFORD:36105063187962

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Foreign Investment in the United States by United States. Congress. House. Committee on Foreign Affairs. Subcommittee on International Economic Policy and Trade Pdf

Author : Alan P. Larson,David M. Marchik
Publisher : Council on Foreign Relations Press
Page : 52 pages
File Size : 43,5 Mb
Release : 2006
Category : Corporations, Foreign
ISBN : UCSD:31822034279570

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Foreign Investment and National Security by Alan P. Larson,David M. Marchik Pdf

This report makes recommendations for reforming the Committee on Foreign Investment in the United States (CFIUS) and examines how the administration and Congress can reassure foreign investors of U.S. openness and address growing anxieties in other countries.