April 25, 2024
Daily News
Trump signs CFIUS reform into law, expanding tool for cyber reviews
President Trump on Monday signed into law a bill that reforms and expands the scope of the Committee on Foreign Investment in the United States, which has been touted as a key cybersecurity tool particularly regarding Chinese investments in U.S. technology.
The bill does not contain any provisions targeted at China directly, aside from a demand for a report on Chinese investment. Trump announced in May that his administration would implement investment restrictions on China as part of a response...