The Council on Foreign Relations believes that current security reviews for foreign investment are adequate, even in the wake of the Dubai World Ports controversy when that company lost its possible acquisition of several US port operations. In a July report, CFR found that the committee responsible for security reviews of foreign investment—the Committee on Foreign Investment in the United States (CFIUS)—is an “effective tool for vetting the national security concerns associated with foreign investment.” In the report, CFR says that the Dubai controversy was caused by a lack of openness between the Administration and Congress—not by a bad review. CFR recommends that CFIUS give regular reports to Congress and spend more time briefing members on the Hill to prove that the process is “already rigorous.” Rep. Duncan Hunter (R-Calif.), for one, is looking to strengthen the process.
Hegseth Set to Testify Before Congress in June
June 2, 2025
Defense Secretary Pete Hegseth will head to Capitol Hill this month to make the case for the Trump administration’s proposed defense budget, a Pentagon spokesperson said June 2.