An upcoming fast-track process for certain deals filed with the Committee on Foreign Investment in the U.S. could apply to a broad range of American allies and transactions, although key questions remain about what foreign investors will need to do to qualify, law firms said this month.
A bipartisan group of five senators, including Senate Foreign Relations Committee ranking member Jeanne Shaheen, D-N.H., reintroduced a bill May 21 that would mandate sanctions against Haitian criminal gangs and the political and economic elites who support them.
Senate Banking Committee Chairman Tim Scott, R-S.C., and Sen. Maggie Hassan, D-N.H., reintroduced a bill May 22 that would repeal the 2026 sunset provision of the Iran Sanctions Act of 1996, which calls for sanctioning Iran’s weapons programs and support for terrorism. The proposed Solidify Iran Sanctions Act, which was referred to the Banking Committee, passed the House in early May (see 2505060054).
Sen. Rick Scott, R-Fla., introduced a bill May 22 that would make the Defense Department’s Section 1260H List of Chinese military companies exempt from judicial review.
President Donald Trump said May 23 that Japan-based Nippon Steel and U.S. Steel will enter a “planned partnership” that will invest in the 124-year-old American company while preserving its identity.
Cooley this month published data about its experience advising on non-notified deals before the Committee on Foreign Investment in the U.S. between 2020 and 2024, outlining which investor nationalities, industry sectors and transaction sizes most often received CFIUS scrutiny.
The U.K. should change its foreign investment screening process to better support British technology firms and shouldn't hurry to agree to increased U.S. restrictions against China, the U.K. Parliament was told last week.
Sen. Rick Scott, R-Fla., and Rep. Scott Perry, R-Pa., introduced a bill May 21 aimed at making it faster and easier to sell arms to Taiwan.
The United Steelworkers urged President Donald Trump May 22 to reject Japan-based Nippon Steel Corp.'s proposed acquisition of U.S. Steel, saying the deal could harm domestic steel manufacturing.
The Trump administration is considering designating the Taliban a foreign terrorist organization to pressure the Afghan ruling group to be more helpful in countering terrorist entities within Afghanistan, Secretary of State Marco Rubio said May 21.