CFIUS Reform: National Security and International Investment
About This Event

Recent events surrounding the proposed acquisitions of U.S. assets by foreign investors have brought into focus the Committee on Foreign Investment in the United States (CFIUS) and the Exon-Florio provisions of the Defense Production Act, which allow the executive branch to halt the acquisition by foreign firms of U.S. operations that infringe upon national security. A number of legislative changes to the CFIUS process are now being discussed by Congress.

A distinguished panel will discuss the CFIUS process and concerns relating to national security and the role of foreign investment in the United States. Tom Donnelly is a member of the U.S.-China Economic and Security Review Commission, Clark Ervin was the first Inspector General at the Department of Homeland Security, Kristin Forbes represented the White House Council of Economic Advisors in CFIUS, and David Marchick is an advisor to CFIUS participants and co-author of the forthcoming book: U.S. National Security and Foreign Direct Investment.

Agenda
10:15 a.m.
Registration
10:30
Panelists:
Thomas Donnelly, AEI
Clark K. Ervin, The Aspen Institute
Kristin J. Forbes, MIT Sloan School of Management
David M. Marchick, Covington & Burling
Moderator:
Phillip L. Swagel, AEI
12:00
Adjournment
AEI Participants

 

Thomas
Donnelly

 

Phillip
Swagel
  • Phillip Swagel, an economist and academic, was assistant secretary for economic policy at the Treasury Department from 2006 to 2009, where he was responsible for analysis on a wide range of economic issues, including policies relating to the financial crisis and the Troubled Asset Relief Program. He has also served as chief of staff and senior economist at the White House Council of Economic Advisers and as an economist at the Federal Reserve Board and the International Monetary Fund. He is concurrently a professor of international economics at the University of Maryland's School of Public Policy.  He has previously taught at Northwestern University, the University of Chicago’s Booth School of Business, and Georgetown University. Mr. Swagel works on both domestic and international economic issues at AEI.  His research topics include financial markets reform, international trade policy, and the role of China in the global economy.
  • Phone: 2026874869
    Email: pswagel@aei.org
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