Download or read book S Hrg 109 996 written by U.S. Government Printing Office (Gpo) and published by BiblioGov. This book was released on 2013-11 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States Government Printing Office (GPO) was created in June 1860, and is an agency of the U.S. federal government based in Washington D.C. The office prints documents produced by and for the federal government, including Congress, the Supreme Court, the Executive Office of the President and other executive departments, and independent agencies. A hearing is a meeting of the Senate, House, joint or certain Government committee that is open to the public so that they can listen in on the opinions of the legislation. Hearings can also be held to explore certain topics or a current issue. It typically takes between two months up to two years to be published. This is one of those hearings.

Download or read book EXAMINATION OF THE EXON FLORIO AMENDMENT HEARING S HRG 109 996 COM ON BANKING HOUSING AND URBAN AFFAIRS U S SENATE 109TH CONGRESS 2ND SESSION written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2009* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Examination of the Exon Florio Amendment written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2007 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Examination of the Exon Florio Amendment written by United States Congress Senate Committee and published by . This book was released on 2015-02-14 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Download or read book Examination of the Exon Florio Amendment written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2007 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Exon Florio National Security Test for Foreign Investment written by and published by DIANE Publishing. This book was released on with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book US National Security and Foreign Direct Investment written by Edward Montgomery Graham and published by Peterson Institute. This book was released on 2006 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines foreign direct investment (FDI) in the United States, the national security concerns associated with this investment, and treatment of these concerns under US policy. This book asks whether the Committee on Foreign Investments in the United States (CFIUS) process can be improved and answers in the affirmative.Does foreign ownership of American businesses pose a threat to the United States (like the abortive attempt by CNOOC, a Chinese company, to purchase Unocal during the summer of 2005)? This important new book examines foreign direct investment (FDI) in the United States, the national security concerns associated with this investment, and treatment of these concerns under US policy. It asks whether the Committee on Foreign Investments in the United States (CFIUS) process can be improved and answers in the affirmative. The book starts by looking at the review process for foreign takeovers of US firms (including a historical review), looks at the economic and political impact on the United States of foreign direct investment, takes a detailed look at issues relating to FDI posed by the rise of China as an economic and geopolitical power and finally suggests some changes to the Exon-Florio process.

Download or read book The Exon Florio National Security Test for Foreign Investment written by James K Jackson and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proposed acquisition of major operations in six major U.S. ports by Dubai Ports World and of Unocal by the China National Offshore Oil Corporation sparked intense concerns among some Members of Congress and the public and has reignited the debate over what role foreign acquisitions play in U.S. national security. The United States actively promotes internationally the national treatment of foreign firms. Several Members of Congress have introduced various measures during the 2nd Session of the 109th Congress that can be grouped into four major areas: those that deal specifically with the proposed Dubai Ports World acquisition; those that focus more generally on foreign ownership of U.S. ports; those that would amend the CFIUS process; and those that would amend the Exon-Florio process.

Download or read book The Committee on Foreign Investment in the United States Cfius written by Congressional Research Congressional Research Service and published by Createspace Independent Publishing Platform. This book was released on 2016-08-12 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Committee on Foreign Investment in the United States (CFIUS) is comprised of nine members, two ex officio members, and other members as appointed by the President representing major departments and agencies within the federal executive branch. While the group generally has operated in relative obscurity, the proposed acquisition of commercial operations at six U.S. ports by Dubai Ports World in 2006 placed the group's operations under intense scrutiny by Members of Congress and the public. Prompted by this case, some Members of the 109th and 110th Congresses questioned the ability of Congress to exercise its oversight responsibilities given the general view that CFIUS's operations lack transparency. Other Members revisited concerns about the linkage between national security and the role of foreign investment in the U.S. economy. Some Members of Congress and others argued that the nation's security and economic concerns have changed since the September 11, 2001, terrorist attacks and that these concerns were not being reflected sufficiently in the Committee's deliberations. In addition, anecdotal evidence seemed to indicate that the CFIUS process was not market neutral. Instead, a CFIUS investigation of an investment transaction may have been perceived by some firms and by some in the financial markets as a negative factor that added to uncertainty and may have spurred firms to engage in behavior that may not have been optimal for the economy as a whole. On July 12, 2016, Senator Charles Grassley introduced S. 3161 to include the Secretary of Agriculture as a permanent member of the CFIUS and to include the national security impact of foreign investments on agricultural assets as part of the criteria the Committee uses in deciding to recommend that the President block a foreign acquisition.

Download or read book The Exon Florio National Security Test for Foreign Investment written by and published by . This book was released on 2006 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proposed acquisitions of major operations in six major U.S. ports by Dubai Ports World and of Unocal by the China National Offshore Oil Corporation (CNOOC) sparked intense concerns among some Members of Congress and the public and has reignited the debate over what role foreign acquisitions play in U.S. national security. While the United States actively promotes internationally the policy of relaxing rules concerning foreign investment, including the national treatment of foreign firms, some Members of Congress and others are concerned with this policy as it relates to allowing foreign, and particularly government-owned companies, unlimited access to the Nation's industrial base. Much of this debate focuses on the activities of a relatively obscure committee, the Committee on Foreign Investment in the United States (CFIUS) and the Exon-Florio provision, which gives the President broad powers to block certain types of foreign investment. Several Members of Congress have introduced various measures during the 2nd Session of the 109th Congress to amend this process. These measures can be grouped into four major areas: those that deal specifically with the proposed Dubai Ports World acquisition; those that focus more generally on foreign ownership of U.S. ports, especially if the foreign entity is owned or controlled by a foreign government; those that would amend the CFIUS process; and those that would amend the Exon-Florio process. Such measures as H.J. Res. 79, S.J. Res. 32, H.R. 4807, S. 2333, and S. 2341 would use various methods to block either the proposed acquisition by Dubai Ports World, or they would prevent Dubai Ports World from taking over control of the U.S. ports involved in the acquisition. In the second area, such measures as H.R. 4817, H.R. 4842, H.R. 4880, H.R. 4885, and S. 2334 would prohibit or significantly reduce the ability of foreign persons to operate U.S. ports.

Download or read book Federal Regulation of Foreign Acquisitions of U S Companies written by David E. Birenbaum and published by . This book was released on 1989 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Note written by Matthew R. Byrne and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bush Administration has committed itself to taking every possible step to protect America's national security since the beginning of the War on Terrorism, in response to the attacks on our country on September 11, 2001, as well as to the worldwide threat posed by Islamo-fascism. Similarly, the Administration has been an active proponent of free trade and an open investment policy in the United States. While both laudable, these two goals may come into conflict when foreign direct investment transactions within the United States may in some way threaten national security. This conflict between the demands of national security and an open foreign investment policy was illustrated in very public and controversial ways by two recent controversies surrounding attempts by foreign corporations to acquire American corporations: the attempt by the China National Offshore Oil Corporation, Ltd. (ᑼNOOCň) to acquire Unocal, a U.S. oil company, and the attempt by Dubai Ports World (ᑽPWň), a state-owned company based in the United Arab Emirates, to acquire a British company which would have given DPW operating rights at terminals in a number of American ports. Both of these controversies featured criticism of the Committee on Foreign Investment in the United States (𔟏IUSň or Ňthe Committeeň), the interagency committee chaired by the Department of the Treasury which is tasked by the President under the Exon-Florio Amendment to the Defense Production Act of 1950 with reviewing mergers and acquisitions for national security concerns. CNOOC's attempt to acquire Unocal occurred in the summer of 2005. After a much-publicized bidding and public relations war for control of Unocal between CNOOC and another major U.S. oil company, Chevron, Inc., CNOOC's bid was ultimately defeated by political pressure applied by the United States Congress. Many members of Congress had publicly and forcefully expressed grave reservations about the possible national security repercussions if China's state-owned company gained control of Unocal's oil reserves. This debate led to discussion not only of national security, but also of economic security. Even though CFIUS never initiated a review of the CNOOC transaction, let alone gave the transaction its approval, numerous members of Congress who feared that the Committee would not block the transaction began to suggest that changes to the Exon-Florio statute were in order as a means to address these concerns. This debate over changes to Exon-Florio resumed in early 2006, when DPW attempted to purchase Peninsular and Oriental Steam Navigation Co. (ŇP&Oň), a British firm, in a $6.8 billion deal. With the acquisition of P&O, the Dubai-based company would have acquired operational control of certain terminals at six U.S. ports. The revelation that CFIUS had approved the deal set of a firestorm of criticism on Capitol Hill; members and leaders of both political parties in Congress denounced the merger. Though DPW and the Administration agreed to conduct an additional 45-day investigation under the CFIUS statute, the House Appropriations Committee voted 62-2 to block the transaction, and under intense political pressure DPW agreed to transfer its U.S. ports interests to an American company. In the midst of the ports controversy, legislation was proposed in Congress not only to block the deal, but also to make substantial changes to the Exon-Florio statute in an attempt to strengthen the CFIUS review process. These controversies and the loud calls to amend Exon-Florio that accompanied both of them illustrate that changes to the Exon-Florio statute are likely. These changes could potentially have a tremendous impact on the country's national security and economic health. This Note will argue that currently the Exon-Florio statute and CFIUS process maintain an appropriate balance between national security and economic security. It will then examine recent Congressional proposals to amend the Exon-Florio statute, and argue that such changes would have dire consequences for this balance. Part II of this Note will provide a detailed description of the Exon-Florio process as well as of the legislative history behind Exon-Florio and the executive orders which delegated the President's authority under the statute to CFIUS. It is important to understand this legislative history in order to comprehend the context in which changes to the Exon-Florio statute occur. Part III will explain four major transactions that were examined by CFIUS (or in the case of CNOOC, merely mentioned in the context of a potential review that never actually occurred) and which received far greater public attention than average CFIUS transactions. Part IV will explain the various changes to the Exon-Florio statute that have been proposed in Congress as a result of the fear by some members of Congress that the current system is insufficient to protect the country's national security. Finally, Part V will explain why the current statutory system maintains a careful balance between national security and the promotion of an open investment policy, and how the proposed changes to the Exon-Florio statute could potentially impact that balance. The conclusion will then summarize those changes which would be beneficial and which would be detrimental to the Exon-Florio balance.

Download or read book Oversight of the Exon Florio Amendment written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation and published by . This book was released on 1992 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Review of the CFIUS Process for Implementing the Exon Florio Amendment written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2006 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book United States Congressional Serial Set Serial No 15009 Senate Reports Nos 238 267 written by United States. Congress. Senate and published by Government Printing Office. This book was released on with total page 1332 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Briefing by Representatives from the Departments and Agencies Represented on the Committee on Foreign Investment in the United States CFIUS to Discuss the National Security Implications of the Acquisition of Peninsular and Oriental Steamship Navigation Company by Dubai Ports World a Government owned and controlled Firm of the United Arab Emirates UAE written by United States. Congress. Senate. Committee on Armed Services and published by . This book was released on 2007 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book National Security Foreign Investment Reform and Strengthened Transparency Act of 2007 written by United States. Congress. House. Committee on Financial Services and published by . This book was released on 2007 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: