interviewed Partner Greg Husisian about the Foreign Investment Risk Review Modernization Act for the story “Congress Weighs Changes to Foreign Investment Oversight
.” The legislation is intended to give the Committee on Foreign Investment in the United States new powers and more funding as the United States government grapples with how to best limit Chinese investment in critical technologies such as semiconductors and mobile broadband. The legislation would build on existing export controls and cover other types of deals such as joint ventures.
“That’s the part I find most fascinating. They're looking at other situations,” Husisian said. “By requiring a kind of licensing scheme, they can potentially slow down or block the transfer of very important economic and national security type of information.”