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

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 ...