And so for certain critical us businesses, a foreign actor has to get approval from the CFIUS committee to be able to make that investment. Currently, CFIUS jurisdiction for real estate purchases depends on the proximity of that land to sensitive facilities. and that proximity varies depending on the category of sensitivity for each facility. So, for example, last year, CFIUS reviewed a controversial purchase of 370 acres near a North Dakota … (14:44–14:52)
CLAIM
Asserts that CFIUS jurisdiction is determined by proximity to sensitive facilities.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
