Overview

• The Treasury Department's proposed rule adds over 50 military sites to the list of scrutinized areas.
• CFIUS will review land deals within one mile of 40 additional sites and within 100 miles of 19 more installations.
• The move follows concerns about Chinese-linked purchases, including a recent divestment order for a crypto firm near a missile base.
• CFIUS's authority, expanded by a 2018 law, covers both purchases and leases of properties.
• The public will have 30 days to comment on the proposed rule.