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Senate Confirms CFIUS Nominee

Paul Rosen, President Joe Biden's nominee to chair the Committee on Foreign Investment of the U.S., was confirmed by the Senate May 24. Rosen in April told lawmakers he will continue to prioritize U.S. reviews of China-related transactions and wants…

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to better encourage companies to submit voluntary filings (see 2204060059). Rosen’s official title will be the Treasury Department’s assistant secretary for investment security.