Tax Reform ‘Vastly Improves’ US Competitiveness
OFII issued the following statement after final passage of the Tax Cuts and Jobs Act.
The Subcommittee on Monetary Policy and Trade held a hearing today to examine the operations and challenges of the multi-agency Committee on Foreign Investment in the United States (CFIUS). The panel examines proposed foreign investments in the U.S. and can advise the president to block deals on national security grounds.