Steptoe Cyberlaw Podcast

This episode of the Cyberlaw Podcast begins by digging into a bill more likely to transform tech regulation than most of the proposals you’ve actually heard of—a bipartisan effort to repeat U.S. Senator John Cornyn’s bipartisan success in transforming the Committee on Foreign Investment in the United States (CFIUS) four years ago. The new bill holds a mirror up to CFIUS, Matthew Heiman reports. Where CFIUS regulates inward investment from adversary nation, the new proposal will regulate outward investment—from the U.S. to adversary nations. The goal is to slow the transfer of technical expertise (and capital) from the U.S. to China. It is opposed by the Chinese government and the same U.S. business alliance that angered Senator Cornyn in 2018. If it passes, I predict, it will be as part of must-pass legislation and will be a big surprise to most technology observers. The cryptocurrency world might as well make Leslie Gore its official chanteuse, because everyone is crying at the end of the crypto party. Wel