National security panel reviewing secretive land buys near Bay Area Air Force base


Source: mercurynews.com mercurynews.com

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The Committee on Foreign Investment in the United States is probing a secretive company that has been buying up land around a key Air Force base in Northern California, sources familiar with the matter and a California lawmaker told CNN. The ongoing review by CFIUS, an interagency panel chaired by the Treasury Department that is tasked with examining the national security implications of foreign investments, has not been previously reported. But it comes as several California congressmen have raised concerns about the hundreds of millions of dollars worth of land bought up in recent years in Solano County, by Flannery...