Justice, DHS ‘still object’ to CFIUS order

National security and trade officials are deadlocked over provisions of a draft White House order aimed at bolstering the security aspects of the Committee on Foreign Investment in the United States, The Washington Times has learned.

The interagency dispute over a draft executive order on the Treasury Department-led committee, known as CFIUS, took place during several interagency meetings over the past two months, but differences on the wording and authority remain unresolved, according to officials close to the debate who spoke on the condition of anonymity.

So what’s the argument about, really?

However, the official said that the National Security Council staff are ready to push ahead with the current order despite the objections from security officials and members of Congress from both parties.

Additionally, several members of Congress have asked for briefings on the executive order but have been put off by the White House, the officials said.

At issue are the law’s implementing regulations, which critics in the administration say will limit the authority that national security agencies had to order “mitigation agreements” designed to curtail national-security threats from proposed foreign acquisitions of U.S. companies. Under the draft order, the Treasury secretary will have more power to resolve disputes when before the committee, while the White House National Security Council staff gets more authority in the appeals process.

In other words, these administration moonbat internationalist corporate lackeys want to smooth the path for a continuing program of literally and figuratively sellling out the US to the ChiComs, with minimal regard to the US’s own national security.

What’s the solution?

Rope. Tree. Traitors. Some assembly required.