Reviews of Foreign Investment in U.S. Remain “Obscure”
“The Committee on Foreign Investment in the United States (CFIUS) is an interagency committee that serves the President in overseeing the national security implications of foreign investment in the economy,” the Congressional Research Service has explained (pdf). “Originally established by an Executive Order of President Ford in 1975, the committee generally has operated in relative obscurity.”
That relative obscurity continues to prevail. A new Department of Defense Instruction says that “The DoD CFIUS process should, to the extent possible, be a transparent process.” Yet the same Instruction dictates that “Information or documentary material filed with CFIUS shall be exempt from disclosure [under the Freedom of Information Act] and will not be made public.” See “DoD Procedures for Reviewing and Monitoring Transactions Filed with the Committee on Foreign Investment in the United States (CFIUS),” DoD Instruction 2000.25 (pdf), August 5, 2010.
Two informative background reports on CFIUS were recently updated by the Congressional Research Service (both pdf). See “The Committee on Foreign Investment in the United States (CFIUS),” July 29, 2010, and “The Exon-Florio National Security Test for Foreign Investment,” July 19, 2010.
Internal disagreements present a growing concern about FDA leadership overruling the expert opinions of scientific staff and proceeding with official approvals, thus undermining staff expertise, decreasing agency morale, and potentially diminishing public trust.
Public meetings led by FDA Advisory Committees are instrumental in facilitating transparent deliberation between the FDA, the advisory body, and the American public.
FAS estimates that India has produced enough weapons-grade plutonium for up to 210 nuclear warheads, but has likely assembled closer to 172.
We are excited to engage in a productive and collaborative partnership with IAM, with the goal of fostering a positive and mutually beneficial working environment for all FAS employees.