Banking to Look at CFIUS Role

By John Stanton
Roll Call Staff

February 28, 2006

Senate Banking, Housing and Urban Affairs Chairman Richard Shelby (R-Ala.) is expected to move legislation later this year reforming the secretive governmental panel responsible for approving a controversial takeover of management operations at a host of U.S. ports by the Dubai Ports World corporation despite potential serious gaps in intelligence regarding the United Arab Emirates company, Senate aides said on Monday.

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