Executive order sharpens CFIUS’ focus on particular national security risks
September 22, 2022
On September 15, 2022, US President Joseph Biden issued an Executive Order (EO) directing the Committee on Foreign Investment in the United States (CFIUS) to consider a specified list of national security risks when reviewing covered transactions. The EO represents the first time a US president has issued an executive order providing formal Presidential direction on priority national security risks since CFIUS was first established in 1975.