Placeholder content — awaiting official materials from communications team
The Committee on Foreign Investment in the United States (CFIUS) is an interagency committee authorized to review certain transactions involving foreign investment in the United States and certain real estate transactions by foreign persons, in order to determine the effect of such transactions on the national security of the United States.
Member Agencies
CFIUS is chaired by the Secretary of the Treasury and includes representatives from nine departments and offices:
- Department of the Treasury (Chair)
- Department of Justice
- Department of Homeland Security
- Department of Commerce
- Department of Defense
- Department of State
- Department of Energy
- Office of the U.S. Trade Representative
- Office of Science and Technology Policy
By the Numbers (50 Years)
1975
Year CFIUS was established
9
Member agencies comprising the committee
2
Types of filings (declarations and notices)
45 days
Initial review period
45 days
Additional investigation period, if needed
15 days
Presidential decision period
Review Process
1
Parties may voluntarily file a declaration (short form) or notice (long form)
2
CFIUS conducts a 45-day review
3
If national security concerns cannot be resolved, CFIUS conducts a 45-day investigation
4
The committee may negotiate mitigation agreements to address identified risks
5
If concerns remain unresolved, the case may be referred to the President
Key Sectors of Focus
- Critical technologies (semiconductors, AI, quantum computing, biotechnology)
- Critical infrastructure (energy, telecommunications, transportation)
- Sensitive personal data (health, financial, geolocation data of U.S. persons)
- Real estate near sensitive government facilities
This fact sheet will be updated with official content as it becomes available.