A PYMNTS Company

US: Allen & Overy partner confirmed for Treasury gig

By  |  September 28, 2017

The US Senate voted on Wednesday, September 27, to confirm Heath Tarbert to be an assistant secretary of the Treasury.

Tarbert is expected to oversee the inter-agency Committee on Foreign Investment in the United States, which assesses proposed transactions to ensure they do not harm national security.

Tarbert, now at the law firm Allen & Overy, takes the reins of CFIUS at a time when the inter-agency panel has balked at approving deals involving China in areas as disparate as semiconductors, insurance and aluminum.

Full Content: Reuters

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.