Biden officials say ‘CFIUS’ executive order focuses transaction reviews on cyber, supply chain and emerging technology

An executive order on reviews of foreign investments in U.S. companies and infrastructure will help sharpen the focus on cybersecurity, supply chain and emerging technologies, according to Biden administration officials, who described the new EO as an update and enhancement of the so-called CFIUS review process rather than an expansion of regulatory authority.

President Biden on Thursday signed an executive order flagging cybersecurity, personal data security and other issues as key priorities for the Committee on Foreign Investment in...