Committee on Foreign Investment in the United States
Executive orders directing the Committee on Foreign Investment in the United States · 7 in Search.
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Orders
7 shown
Regarding the Acquisition of Certain Assets of EMCORE Corporation by HieFo Corporation
This presidential order, issued under section 721 of the Defense Production Act of 1950, prohibits and unwinds the April 30, 2024 acquisition of EMCORE Corporation's digital chip and wafer design, fabrication, and processing assets by HieFo Corporation, a Delaware-registered company controlled by a Chinese citizen. HieFo must divest all interests in these assets within 180 days, with immediate restrictions on access, transfers, and operations until CFIUS verifies completion.
Saving TikTok While Protecting National Security
This executive order determines that a proposed divestiture of TikTok's U.S. operations qualifies under the Protecting Americans from Foreign Adversary Controlled Applications Act, creating a new U.S.-based joint venture with less than 20% foreign ownership. The order delays enforcement of the Act for 120 days to allow completion of the transaction, directs the Attorney General to issue protective guidance to providers, amends a 2020 divestment order related to ByteDance's acquisition of Musical.ly, and designates the Attorney General as the government's representative under the Framework Agreement.
Regarding the Proposed Acquisition of United States Steel Corporation by Nippon Steel Corporation
President Biden issued an order under the Defense Production Act blocking Nippon Steel Corporation's proposed acquisition of U.S. Steel Corporation, finding credible evidence that the transaction threatened U.S. national security. The order prohibits the transaction and requires the parties to fully abandon it within 30 days, with weekly compliance certifications to CFIUS until abandonment is complete.
Ensuring Robust Consideration of Evolving National Security Risks by the Committee on Foreign Investment in the United States
This executive order directs the Committee on Foreign Investment in the United States (CFIUS) to expand its national security reviews of foreign investments by adding new factors: supply chain resilience, technological leadership in sectors like AI and quantum computing, aggregate industry investment trends, cybersecurity risks, and sensitive data access. It also requires CFIUS to periodically review its processes and report to the National Security Advisor.
Authorizing the City of Pharr, Texas, To Construct, Connect, Operate, and Maintain Bridge Facilities at the International Boundary Between the United States and Mexico
This presidential permit authorizes the City of Pharr, Texas to construct, connect, operate, and maintain new bridge facilities adjacent to the existing Pharr International Bridge at the U.S.-Mexico border near Reynosa, Mexico. The permit includes standard conditions for inspection access, compliance with applicable laws, national security provisions, and requires the city to provide CBP inspection facilities at no cost to the federal government.
Regarding the Acquisition of StayNTouch, Inc. by Beijing Shiji Information Technology Co., Ltd.
This presidential order prohibits the Chinese company Beijing Shiji Information Technology Co., Ltd. from acquiring or maintaining ownership of StayNTouch, Inc., a U.S. hotel technology firm, citing national security concerns. The order mandates divestment of all interests within 120 days (extendable by 90 days), imposes immediate restrictions on access to hotel guest data, requires weekly compliance certifications, and authorizes CFIUS to conduct on-site verification and the Attorney General to enforce the order.
Regarding the Acquisition of Four U.S. Wind Farm Project Companies by Ralls Corporation
President Obama issued a rare presidential order under the Defense Production Act blocking a Chinese-owned company (Ralls Corporation, affiliated with Sany Group) from acquiring four Oregon wind farm projects near a U.S. Navy weapons systems training facility. The order mandates divestment within 90 days (extendable by 3 months), removal of all equipment within 14 days, and imposes ongoing CFIUS oversight and compliance verification.