Foreign investments filed for U.S. security review (CFIUS)

Investment

(Filings per year)

NoticesDeclarationsNotices investigated

Foreign investments filed for U.S. security review (CFIUS). 3 series: Notices, Declarations, Notices investigated. Latest, 2025: Notices 207; Declarations 140; Notices investigated 114.

Counts of filings, by the year filed: full notices, the short declarations available since 2018, and notices that went on to a full investigation. Before 2020 only a narrow set of deals could be filed as declarations, so 2018 and 2019 are not comparable with later years. Few filings end in a presidential block (two each in 2024 and 2025); more are withdrawn, 58 during investigation in 2025.

See also: Laurence Wilse-Samson, "Economic Coercion", chapter 8, Investment Screening, Industrial Policy, and Strategic Assets

Classroom exerciseCFIUS says about 28 percent of the notices filed in 2025 were withdrawn after an investigation began. Using the chart's data, compute that share for each year since 2016, and count the presidential blocks over the same years. Why might screening work more through withdrawals and mitigation than through blocks? Teach page

Committee on Foreign Investment in the United States, Annual Report to Congress, CY 2025, Tables I-1 and I-5; U.S. Treasury, Covered Transactions, Withdrawals, and Presidential Decisions, 2008-2023. Read from the PDFs; provenance in data/static/cfius/SOURCE.md.Data through 2025Checked on 30 Oct 2026✓ Checked against CFIUS, Annual Report to Congress, CY 2025, Table I-5: 207 notices filed in 2025✓ Checked against CFIUS, Annual Report to Congress, CY 2025, Table I-1: 140 declarations filed in 2025✓ Checked against CFIUS, Annual Report to Congress, CY 2025, Table I-5: 58 notices withdrawn after commencement of investigation in 2025 (the text: approximately 28 percent)✓ Checked against U.S. Treasury, Covered Transactions, Withdrawals, and Presidential Decisions, 2008-2023: 155 notices filed in 2008

Cite asBalance of Power, "Foreign investments filed for U.S. security review (CFIUS)", data through 2025. Source: Committee on Foreign Investment in the United States, Annual Report to Congress, CY 2025, Tables I-1 and I-5; U.S. Treasury, Covered Transactions, Withdrawals, and Presidential Decisions, 2008-2023. Read from the PDFs; provenance in data/static/cfius/SOURCE.md.

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Latest values
DateNoticesDeclarationsNotices investigated
201822920158
201923194113
202018712688
2021272164130
2022286154163
2023233109128
2024209116116
2025207140114
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Provenance
Inputs
ColumnSourceSeries keyStatusData through
noticescfiusnoticeslive2025
declarationscfiusdeclarationslive2025
investigationscfiusinvestigationslive2025
withdrawncfiuswithdrawn_in_investigationlive2025
blockedcfiuspresidential_decisionslive2025