National Security, Illicit finance, and International Financial Institutions Subcommittee Reviews CFIUS Operations
Washington,
January 14, 2026
Today, members examined how the Committee on Foreign Investment in the United States (CFIUS) is using its authority under the Foreign Investment Risk Review Modernization Act (FIRRMA), to review certain foreign investments to make sure they don’t threaten U.S. national security, especially in sensitive tech, infrastructure, and data. On CFIUS’s Role In National Security: "Ensuring that our processes are efficient and effective means investment screening must be transparent and clear for our friends and fellow citizens to comply with, and difficult for our adversaries to exploit,” said National Security, Illicit Finance, and International Financial Institutions Subcommittee Chairman Davidson (OH-08). “CFIUS continues to evolve to address national security threats from abroad. At the same time, CFIUS’s narrow mission supports the confidence investors have in the openness and integrity of the U.S. economy. As with any national security program, ongoing oversight and evaluation of CFIUS’s effectiveness are essential duties for the members of congress and particularly this committee,” said Chairman French Hill (AR-02). On Economic Growth Throughout Investments: Subcommittee on Financial Institutions Chairman Andy Barr (KY-06) said, “As of early 2026, President Trump had announced up to $9 trillion in total foreign direct investment commitments that he negotiated. Just as an example, UAE $1.4 trillion investment framework. Qatar, $1.2 trillion. Japan $550 billion in key industries including energy and AI infrastructure investments. Saudi Arabia $600 billion investments in trade over four years, later expanded to almost a trillion. South Korea pledged $350 billion in investment, with an additional commitment to purchase $100 billion in U.S. energy products. The President has been remarkably successful in just 12 months’ time to negotiate massive amounts of foreign direct investment in the United States.” Small Business Committee Chairman Roger Williams (TX-25) said, “The United States has long benefited from being the world's top destination for foreign investment. And that openness has helped drive jobs, innovation, and economic growth. And at the same time, we face increasingly sophisticated threats from adversarial nations that seek to exploit our openness to gain a strategic advantage.” On Foreign Investment and Ownership Concerns: Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity Chairman Frank Lucas (OK-03) said, “The topics you deal with are some that I've been concerned about for the better part of a decade. Specifically, the issue of ownership of key agricultural equities like land and infrastructure by foreign adversaries, has continued to raise alarm bells across the country. That's why I introduced the bipartisan Agricultural Risk Review Act to add the Secretary of Agriculture as a permanent member of CFIUS for any transaction relating to the AG industry, and require CFIUS to initiate reviews of threats notified by USDA.” Assistant Secretary Pilkerton Echoed the Work of the Committee: Assistant Secretary of the Treasury for Investment Security the Honorable Chris Pilkerton said, “First and foremost, CFIUS’s core priority remains assessing and addressing any national security risks that arise from transactions that fall within its jurisdiction. By evaluating these potential threats from adversarial actors, the Committee’s many interagency participants—including subject matter experts, law enforcement, and the intelligence community—serve as important gatekeepers to protect our homeland. The commitment to this guiding principle must always lead the Committee’s work.” |