Tom Feddo

Jul 17, 2024 | jdsupra.com | Tom Feddo |Robert Greene

Treasury’s NPRM marks the next step in multi-year efforts by policymakers in the Biden Administration, Congress, and certain advocacy groups to have the U.S. government institute a novel “outbound investment” (i.e., U.S. person outbound capital flows) regime that restricts certain U.S. person transactions relating to China-based or Chinese person-affiliated entities involved with a subset of technologies that are considered critical to U.S. national security.