The Committee on Foreign Investment in the U.S. (CFIUS) has pivoted quickly to a broader role. It already has a presidential block under its belt for the year. And with respect to special national security risks and concerns stemming from the Covid-19 outbreak and emerging economic crisis, the committee was already prepared. CFIUS’s extensive new catch-all-laden regulations covering critical infrastructure and technologies, implemented this February, came just in time for the pandemic and downturn. They even cover investments in U.S. businesses that have received Defense Production Act (DPA) Title III funding. And the Committee has been tackling foreign hostile ...
