Powers of the Modern CFIUS

In early 2020, the Committee on Foreign Investment in the United States (CFIUS) published final rules implementing the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA), significantly expanding CFIUS jurisdiction over certain types of investments. Often called a “black box,” CFIUS assesses the potential national security risks of investments in the U.S. and operates in a classified environment. To peel back the curtain, we sit down with two longtime leaders of the CFIUS committee Aimen Mir and Colin Costello and discuss the substantive changes and new powers conferred by FIRRMA and CFIUS strategy for businesses under the Biden administration.


  • Attorney CLE accreditation 

Navigating CFIUS  (Freshfields Insights)

The Committee on Foreign Investment in the United States (CFIUS)  (U.S. Department of the Treasury)

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