The United States Department of the Treasury announced on Thursday a new initiative aimed at expediting investments from allied and partner countries into US-based businesses. The fast-track process will start with the rollout of the Known Investor portal, a tool designed for the Committee on Foreign Investment in the United States (CFIUS) to collect essential data from foreign investors prior to formal filing. The project will launch as a pilot program and expand in stages.

Treasury Secretary Scott Bessent highlighted the importance of foreign investment in bolstering the US economy, noting that strong and stable capital inflows from allies and partners are key to sustained growth. “The United States benefits from the strong and stable investments of our allies and partners. Treasury is committed to maintaining and enhancing the open investment environment that benefits our economy, while making sure that process efficiencies do not diminish our ability to identify and address national security risks that can accompany foreign investment,” Bessent stated in the announcement.

The initiative aims to streamline the foreign investment review process, making it easier and faster for trusted partners to invest, while maintaining rigorous oversight to safeguard national security. The Treasury emphasized that although the process is being accelerated, it will not compromise thorough security assessments that are fundamental to CFIUS operations.

The new Known Investor portal represents a proactive step to encourage international business collaboration and strengthen economic ties, reflecting Washington’s broader strategy to deepen alliances through economic engagement.