26th Parliamentary Intelligence-Security Forum – Adversarial Foreign Investments And Reverse CFIUS

Congressman Barr expressed gratitude for Chairman Robert Pittenger’s leadership on cross-border capital flows, emphasizing the economic and security aspects. He highlighted past reforms in inbound investment screening, closing gaps in joint ventures, minority investments, and real estate. Three proposed outbound investment screening approaches were discussed: the White House’s sector-focused initiative, the Casey-Cornyn notification regime without restrictions, and the Financial Services Committee’s entity-focused sanctions approach. Congressman Barr advocated for a targeted strategy to avoid hindering beneficial cross-border capital flows. The legislative timeline aims for consensus by the first quarter of the following year.