Committee on Foreign Investment in the United States Reform Act

H.R. 4915, the Committee on Foreign Investment in the United States Reform Act, seeks to increase government oversight of foreign companies looking to buy or merge with American businesses. The bill would require a formal national security investigation for any deal that results in a foreign entity gaining control of a U.S. company, particularly those involving "critical infrastructure" like energy grids or transportation hubs. For everyday citizens, this legislation aims to provide greater transparency and security by ensuring that foreign investments do not compromise national safety or essential public services. Additionally, the bill would move the reviewing committee (CFIUS) into a multi-agency format and require regular reports to Congress to ensure stricter accountability over these international business deals.