Treasury considering implementing parts of CFIUS reform bill as part of 301 response

The Treasury Department has signaled to key lawmakers and stakeholders that it is willing to enact elements of a bill to overhaul the Committee on Foreign Investment in the United States through an executive order as part of the Trump administration’s response to China’s intellectual property and tech transfer practices, sources familiar with the internal deliberations say. The Foreign Investment Risk Review Modernization Act, which was introduced by Sen. John Cornyn (R-TX) and Rep. Robert Pittenger (R-NC) last November, has...