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Treasury Working With U.S. Allies on Foreign Investor Screening

Feb. 26, 2020, 3:17 PM

U.S. is leading numerous “engagements” with European and Asian countries on reviewing foreign investments for security risks, says Thomas Feddo, the assistant secretary of investment security at Treasury Department.

  • It is critical that U.S. allies take steps to prevent adversaries from acquiring advanced technology that they can’t get through acquisitions of American firms, Feddo says in remarks in Washington
  • Treasury is planning to meet next month with Japan and the EU on screening foreign investment in sensitive technology
  • NOTE: Feddo oversees the Committee on Foreign Investment in the U.S., known as Cfius
  • The new U.S. law for reviewing foreign ...