Lawfare Archive: The Future of CFIUS

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4.7 • 6.4K Ratings

🗓️ 11 February 2023

⏱️ 78 minutes

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Summary

From June 2, 2018: The Committee on Foreign Investment in the United States (CFIUS) plays an essential role in advising the president on how to exercise his or her authority to block foreign investments that might let the U.S.'s adversaries acquire sensitive American technology or intellectual property. A bipartisan proposal in Congress aims to expand CFIUS’s powers. On Thursday, the Center for Strategic and International Studies convened a panel of Dov Zakheim, a former Pentagon official; Ivan Schlager, a partner with Skadden Arps’ national security practice; Nova Daly, a senior public policy adviser with Wiley Rein; and CSIS Vice President James Andrew Lewis, to talk about CFIUS and how it might change under the new law.

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Transcript

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0:00.0	The following podcast contains advertising to access an ad-free version of the LawFair
0:07.2	podcast become a material supporter of LawFair at patreon.com slash LawFair.
0:14.7	That's patreon.com slash LawFair.
0:18.2	Also, check out LawFair's other podcast offerings, rational security, chatter, LawFair
0:25.6	no bull and the aftermath.
0:55.6	I'm John Emmons, intern at LawFair, with an episode from the LawFair Archive for February
1:18.8	11, 2023.
1:21.0	The committee on foreign investment in the United States, or CIFIAS, has been the subject
1:25.2	of public discussion recently due to its role in responding to national security concerns
1:29.5	regarding TikTok's operations in the United States, as well as concerns from some scholars
1:33.4	that CIFIAS' oversight may have costs on the pace of innovation and research within the
1:38.1	United States.
1:39.3	For today's archive episode, I chose an episode from June 2018 in which the Center for
1:43.7	Strategic and International Studies posted a panel to discuss a bipartisan proposal in
1:47.9	Congress that's not to expand the committee's powers.
1:50.9	The bipartisan proposal, the Foreign Investment Risk Review Modernization Act of 2018, was
1:56.0	signed into law by the President Trump in August of 2018.
2:02.2	I'm Matthew Khan, and you're listening to the LawFair podcast, June 2, 2018.
2:16.5	The committee on foreign investment in the United States, typically referred to by its abbreviation
2:22.2	CIFIAS, plays an essential role in advising the President on how to exercise his or her
2:28.4	authority to block foreign investments that might let the U.S.'s adversaries acquire
2:33.7	sensitive American technology or intellectual property.
	...

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