GAO: CFIUS' inability to review non-controlling interest deals puts U.S. at risk

The Government Accountability Office has found that the Committee on Foreign Investment in the United States' inability to review investments in companies in the U.S. that do not result in a change in ownership could endanger U.S. national security and its technological edge. The new GAO report comes as Congress weighs legislation to expand the jurisdiction of CFIUS to certain non-controlling investments; boost its resources; and better equip it to review deals that could result in the transfer of emerging...