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International Operations of the United States Government in France, Spain, and Germany
Nov. 18 hearing was held in Paris, France; Nov. 22 and 23 hearings were held in Madrid, Spain; Nov. 24 hearings were held on Torrejon and Zaragoza Air Force Bases and in Barcelona, Spain; Nov. 26 hearing was held in Berlin, West Germany; Nov. 29 hearing was held on Wiesbaden U.S. Air Force Base, West Germany; Nov. 30 hearing was held in Bonn, West Germany.
The Committee on Foreign Investment in the United States (CFIUS).
The Committee on Foreign Investment in the United States (CFIUS) is an interagency committee that serves the President in overseeing the national security implications of foreign investment in the economy. Since it was established by an Executive Order of President Ford in 1975, the committee has operated in relative obscurity. 1 According to a Treasury Department memorandum, the Committee originally was established in order to placate Congress, which had grown concerned over the rapid increase in Organization of the Petroleum Exporting Countries (OPEC) investments in American portfolio assets (Treasury securities, corporate stocks and bonds), and to respond to concerns of some that much of the OPEC investments were being driven by political, rather than by economic, motives.
Congressional Record
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