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Committee on Foreign Investment in the U.S. (CFIUS)

The Committee on Foreign Investment in the United States (CFIUS) monitors and assesses the impact of foreign investment in the United States. Department of Treasury is the U.S. government lead for CFIUS; Industrial Policy leads the Department of Defense's CFIUS reviews and assessments.


  • CFIUS notified of a foreign acquisition of a U.S. entity
  • Committee has 30 days to determine whether the transaction threatens national security
  • Transaction is approved OR an additional 45-day Presidential investigation is initiated
  • Transactions are approved as-is or with mitigation, or they are sent to White House with a recommendation


  • Process established in 1975 via Executive Order
  • In 2007, CFIUS office was established in statute (Foreign Investment and National Security Act - FINSA) and Executive Order 13456
  • There are currently 14 interagency participants, chaired by the Department of Treasury
  • Department of Defense staffs 30 reviewers, including members of the Military Services and Defense Agencies

For more information on the CFIUS process, please visit Department of Treasury's CFIUS website.