Ass’t Treasury Secretary Paul Rosen on the CFIUS Process

The Committee on Foreign Investment in the United States, or CFIUS, is one of the most important national security offices that you have probably never heard of. Responsible for reviewing foreign investment in the United States for possible national security threats, its jurisdiction and scope of work has expanded dramatically in recent years—and may be on the verge of expanding once again, as the Biden administration considers installing similar measures for outbound U.S. investment.

To discuss, Lawfare Contributing Editor Brandon Van Grack and Lawfare Senior Editor Scott R. Anderson sat down with Assistant Treasury Secretary for Investment Security Paul Rosen, whose office oversees the CFIUS process, for the first of what we are calling “The Regulators”: a special series Lawfare is co-sponsoring with our friends at the law firm Morrison Foerster, where Brandon is a partner, featuring one-on-one discussions with the senior officials that are implementing our new era of economic statecraft. They discussed how the CFIUS process works in practice, how it’s changed, and what challenges sit on the horizon, both for U.S. policymakers and the businesses they interact with.

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