Put HUD Secretary on CFIUS for foreign real-estate ownership threats
Mandate asks the President to issue an EO making the HUD Secretary a CFIUS member with broader oversight of foreign ownership of U.S. residential real estate, especially China.
Mandate
Mandate Ch. 15 (HUD) — First-day reforms: President should issue an executive order making the HUD Secretary a member of CFIUS with broader oversight authorities regarding foreign ownership of real estate in rental and ownership markets.
Undo plan
1) Rescind any EO that politicizes CFIUS via HUD portfolio advocacy unrelated to national security.
2) Keep CFIUS focused on genuine national-security real-estate risks near sensitive sites.
3) Separate fair-housing/consumer finance missions from foreign-investment screening.
4) Publish clear CFIUS real-estate regulations with due process.
5) Verify: CFIUS case volume/outcomes; housing-market impact studies.