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Lawmakers press Treasury on data privacy, AI, and real-estate risks near bases
Summary
Members raised concerns about data access in acquisitions, agentic AI transactions, and greenfield or property purchases near military bases; Treasury said these areas are priorities for CFIUS and that jurisdiction and mitigation authorities exist but confidentiality can limit public comment on specific cases.
Multiple members told the subcommittee they were particularly worried about access to sensitive U.S. personal data and the national-security implications of foreign acquisitions of land near bases and greenfield development.
Representative Foster warned that agentic AI and automated transactions may obscure human accountability and complicate beneficial-owner identification: "Agentic AI, which is coming at us fast, is going to really dominate the next decade in…
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