All About CFIUS, US Watchdog on Foreign Dealmaking QuickTake
over 1 year in Washington Post
As President Joe Biden’s administration weighs whether to subject some of Elon Musk’s ventures -- including his intended purchase of Twitter Inc. -- to national security reviews, one option would be to employ a largely obscure committee that works behind closed doors. The Committee on Foreign Investment in the US, or CFIUS, has thwarted acquisitions of American companies, particularly by Chinese investors. Biden recently articulated to the committee what he views as its role in US national secur