The Committee on Foreign Investment in the United States (CFIUS) is an inter-agency committee of the U.S. Government that reviews the national security implications of foreign investments in U.S. companies or operations. CFIUS was established by Executive Order 11858 in 1975. The committee gained additional authority after Ronald Reagan delegated Presidential oversight to CFIUS in Executive Order 12661 in 1988. This was in response to U.S. Congress giving authority to the President to review foreign investments in the Exon-Florio Amendment.
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