DoD Doubles Down On Links Between Climate Change And National Security

The Committee on Foreign Investment in the United States (CFIUS), chaired by the Secretary of the Treasury, looks at the national security implications of investments that could result in foreign control of U.S. businesses — or, in certain cases, that could provide foreign persons access to critical data and sensitive personal information. Deals deemed to threaten national security can be blocked by the President. 

Presidential vetoes are rare, but many deals are restructured to address CFIUS concerns. CFIUS also has authority to issue mitigation orders, including divestment of sensitive assets, changes in corporate governance, restrictions on foreign sources of supply, and prohibitions against the appointment of foreign persons to key management positions. For these reasons, it is essential for investors to do a rigorous national security review of proposed transactions