Policing of foreign tech investment in the US is broken. Here’s how to fix it.

Photo caption: Janet Yellen, the Treasury Secretary, is technically the chair of the Committee on Foreign Investment in the U.S. But is she really accountable for it making balanced, timely decisions? Photo credit: Matt McClain-Pool / Getty Images. Opinion article by Stephen Heifetz. Protocol – October 4, 2021.

Faced with a choice of whether to bend rules to achieve laudable ends, a British Lord in “Chariots of Fire“ intones, “That’s a matter for the Committee.” Another Lord replies, “We are the Committee.”

That accountability is lacking in an increasingly important committee: the Committee on Foreign Investment in the United States. […]

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