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Steel Cases Test Executive Authority, Judicial Scope

By Hdeel Abdelhady ( February 7, 2025, 7:05 PM EST) -- Most foreign investors and their U.S. investment targets "go gentle into that good night" if their deals face congressional or public backlash, are scuttled by the Committee on Foreign Investment in the United States or, in rare cases, are prohibited by the president.[1] Public pressure and CFIUS' influence are so strong that, in 36 years, presidents have blocked foreign investments only nine times under Section 721 of the Defense Production Act.[2]...

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