FIRRMA Signed — CFIUS Powers Dramatically Expanded

President Trump signs the Foreign Investment Risk Review Modernization Act (FIRRMA), the most significant expansion of the Committee on Foreign Investment in the United States (CFIUS) in decades. FIRRMA grants CFIUS jurisdiction over minority investments in US tech companies, real estate near sensitive facilities, and joint ventures. Chinese tech investment in the US drops 90% within two years as the law chills cross-border tech deals.