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The Independent UK

National

Fatima Hussein

Yellen details tighter scrutiny of investment plans of foreign-owned companies operating in the US

Joe Biden United States CFIUS Janet Yellen China Paul Rosen NC The United States

Copyright 2023 The Associated Press. All rights reserved

The Biden administration plans to increase scrutiny of the investment plans of foreign-owned companies operating in the United States.

“National security is a foremost priority, and we deploy a wide range of tools to safeguard it,” Treasury Secretary Janet Yellen said Thursday.

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