Scoop: Treasury wants 'sharper scalpel' to dissect foreign investment

  • 📰 axios
  • ⏱ Reading Time:
  • 33 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Joe Biden Noticias

Committee On Foreign Investment In The United Stat,Janet Yellen

Critics say CFIUS isn't aggressive enough.

WASHINGTON, D.C. - JANUARY 03: The sun flares over the headquarters of the U.S. Treasury On January 3, 2024 in Washington, DC. The Committee on Foreign Investment in the United States has broad leeway to approve — or reject — international investments in critical sectors in the U.S. economy. But some critics sayproposed purchase"These updates to our enforcement toolkit provide CFIUS with a sharper scalpel to carefully and methodically address violations and protect U.S.

Among the potential changes: Increasing the maximum civil penalty for material misstatements or omissions in a filing with CFIUS from $250,000 to $5 million. Officials are making Thursday's changes after they realized they needed more enforcement mechanisms to achieve their goals. "These updates reflect lessons learned in the course of our monitoring, compliance, and enforcement work and build on the 2022 CFIUS Enforcement and Penalty Guidelines," Rosen said in a separate statement.From the outset of his presidency, Biden has worked on strengthening supply chains and re-shoring manufacturing jobs in critical sectors.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 302. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Treasury wants to boost foreign investment review powers, as Congress dissects Nippon, TikTok dealsU.S. Treasury wants to enhance the power of a little-known, secretive government committee to review deals made between U.S. firms and foreign investors.
Fuente: ksatnews - 🏆 442. / 53 Leer más »

Treasury wants to boost foreign investment review powers, as Congress dissects Nippon, TikTok dealsU.S. Treasury wants to enhance the power of a little-known, secretive government committee to review deals made between U.S. firms and foreign investors.
Fuente: AP - 🏆 728. / 51 Leer más »

The Scoop: Episode 18 - Crypto's Changing Market Structure with Brandon MulvihillIn this episode of The Scoop, Brandon Mulvihill, co-founder and CEO of Crossover Markets, discusses crypto's changing market structure and the role of Crossover as an execution-only trading venue.
Fuente: TheBlock__ - 🏆 464. / 53 Leer más »