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.
The speaker seems more concerned about alienating hedge funds than national security.
“Chinese companies will just open shell companies and circumvent these laws.”
U.S. Trade Policy Primer: Frequently Asked Questions