Make DoD CFIUS co-chair; close China greenfield loophole; scrutinize U.S. FDI into China
Mandate seeks DoD as CFIUS co-chair with Treasury, published penalty schedules, covering Chinese-controlled greenfield investments, evaluating outbound U.S. FDI into CCP/SOE/tech-transfer/military/supply-chain risks, and a Treasury–DoD financial warfare school.
Mandate
Mandate Ch. 22 (Treasury) — CFIUS/China: Congress should make DOD a CFIUS co-chair with Treasury; publish penalty schedule; close loophole requiring CFIUS review of Chinese-controlled greenfield investments; evaluate U.S. FDI in China with enhanced reporting/restrictions; examine creating a school of financial warfare jointly with DOD.
Undo plan
1) Strengthen CFIUS national-security review without politicized deal blocking unrelated to security.
2) Define greenfield coverage narrowly with state/local consultation.
3) Outbound investment rules via clear statute and due process—not open-ended chill.
4) Keep Treasury chair coordination while elevating DoD input transparently.
5) Verify: classified annex + public annual CFIUS report on timelines and outcomes.