Stansberry Insider Weekly
Understanding Trump's China Watchdog: the Committee on Foreign Investment in the U.S. (CFIUS)
Episode notes
This week's "Stansberry Insider Weekly" takes an in-depth look at a topic that's driving headlines. Whether it's TikTok or WeChat.....or Huawei...we've seen an increase in the numbers of Chinese companies under review -- or outright blocked from doing business -- in the United States. So, what are the tools the Trump administration has to do this? One of them -- is a secretive committee in Washington, D.C. known as CFIUS. Jessica's guest this week -- Stewart Baker -- served on that committee. He's now an attorney at Steptoe & Johnson, LLP. She asks Stewart what prompted Washington to create CFIUS and what powers it gives the American president. Plus, Stewart peels back the curtain on the TikTok deal with Oracle - and how Washington can keep Americans from downloading an app - that poses a risk to national security.