WASHINGTON – The Department of the Treasury, as Chair of the Committee on Foreign Investment in the United States (CFIUS), released its Annual Report to Congress for calendar year 2022.
The Annual Report highlights key indicators of the CFIUS process and provides statistics on transactions that were filed with the Committee in 2022. The Committee’s workload remained high with a record number of filed transactions based on the expanded jurisdiction provided by the Foreign Investment Risk Review Modernization Act (FIRRMA), mandatory filings in certain instances, and more sophisticated processes for identifying non-notified transactions.
“In 2022, the Committee continued to review record numbers of filings. We sharpened due diligence on investors, tackled sophisticated technologies and national security risks, and launched a number of reviews to assess potential non-compliance with CFIUS regulations,” said Assistant Secretary for Investment Security Paul Rosen.
Key highlights from 2022 include the following:
The Annual Report is submitted to Congress pursuant to Section 721 of the Defense Production Act of 1950, 50 U.S.C. § 4565.
As Prepared for DeliveryThank you for joining me here today. President Biden’s American Rescue Plan was…
Program created by President Biden’s Inflation Reduction Act provides up to 20-percentage point credit boost…
WASHINGTON — Acting Comptroller of the Currency Michael J. Hsu today issued the following statement…
WASHINGTON — The Financial Stability Oversight Council (Council) today released its Report on Nonbank Mortgage…
WASHINGTON – Today, U.S. Secretary of the Treasury Janet L. Yellen convened a meeting of…
WASHINGTON – The U.S. Department of the Treasury announced today its intention to conduct a…