President Biden signed an executive order Thursday bolstering a regulatory committee's powers to review and take action on foreign investment in the U.S. economy, including in the tech sector where officials are increasingly concerned about Chinese actors. The Committee on Foreign Investment in the United States (CFIUS), an interagency panel, will further scrutinize foreign investments and transactions related to national supply chains as well as in tech sectors such as microelectronics, artificial intelligence, biotechnology and advanced clean energy. CFIUS will also more closely review foreign acquisitions of companies and firms over concerns that an investor could slowly gain contr
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