On Friday, October 27, WITA hosted an event to look at the different approaches to investment restrictions currently making their way through Congress and the Administration.
Panelists discussed the Biden Administration Executive Order regarding certain US outbound investments to China in semiconductors and microelectronics, quantum information technologies, and artificial intelligence that present national security concerns. The U.S. Department of Treasury received extensive public comments to its notice of proposed rulemaking to implement the Executive Order, which is just one piece of a wide range of reforms and actions under consideration by the Administration and Congress that could restrict certain outbound investments into critical technologies.
Daniel Bahar, Managing Director, Rock Creek Global Advisors; former Assistant U.S. Trade Representative for Services and Investment, Office of the U.S. Trade Representative
Peter Harrell, Non-Resident Fellow, Carnegie Endowment for International Peace, and former Senior Director for International Economics and Competitiveness, National Security Council at the White House
Emily Kilcrease, Senior Fellow and Director of the Energy, Economics, and Security Program, Center for a New American Security
Clete Willems, Partner, Akin and Non-resident Senior Fellow, Atlantic Council; former Deputy Assistant to the President for International Economics and Deputy NEC Director, The White House; former Chief Counsel for Negotiations, Legislation, and Administrative Law, Office of the U.S. Trade Representative
Moderator: Clay Lowery, Executive Vice President, Research and Policy, Institute of International Finance; former Assistant Secretary for International Affairs at the U.S. Treasury Department, and Director of International Finance at the National Security Council at the White House