President Donald J. Trump has signed a Continuing Resolution through January 30th. Thanks to the President’s decisive leadership in the face of radical left-wing obstructionism, the Department of the Treasury has now resumed normal operations.
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Did FIRRMA change CFIUS’s timeline for investigations?
Yes. The timeline for investigations has been updated to allow the Secretary of the Treasury to grant one 15-day extension (i.e., extending investigations from 45 to 60 days) in “extraordinary circumstances.”