Thursday, July 26, 2007

Bush signs law bolstering reviews of foreign deals

(Reuters) - The new law requires regulators to spend more time vetting deals, holds regulators more accountable for their actions and keeps Congress better informed about the Committee on Foreign Investment in the United States, or CFIUS, which reviews deals.




The CFIUS panel is charged with determining if acquisitions would harm U.S. national security. The inter-agency group is led by the Treasury secretary and includes the Departments of Commerce, Defense, Justice and State.


Read more at Reuters.com Government Filings News

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