by Derek Scissors
The Heritage Foundation
January 29, 2013
Caution and secrecy are often needed in national security, but foreign investment is first and foremost an economic activity. As such, transparency and timeliness are ideal and secrecy a drawback. Operational freedom for CFIUS is important, but the U.S. should also work to improve the environment for foreign investors. Further, the current informality of the congressional role breeds random political interference and is self-defeating. The U.S. can do better.
