💨 Abstract
The Biden administration has finalized a new rule that expands its authority to review foreign purchases of real estate near U.S. military bases for national security threats. The rule, which adds nearly 60 facilities across 30 states to the review list, aims to deter and stop foreign adversaries from threatening military forces. The Committee on Foreign Investment in the United States (CFIUS) will now have jurisdiction over about 227 military installations.
Courtesy: theprint.in
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