Treasury issues final CFIUS regulations, rebuffs industry requests to narrow scope

The Treasury Department has issued final regulations enacting changes to the Committee on Foreign Investment in the U.S. -- as required by a 2018 law and seen as a critical cybersecurity tool particularly in relation to China -- but rejected calls by business groups to reduce the newly enhanced powers of the body tasked with assessing the national security implications of foreign investments.

The final rules were published Friday, Jan. 17 in the Federal Register and will go into...