House legislation to reform a government panel charged with reviewing national security risks posed by foreign acquisitions of U.S. assets is being delayed until after an April 27 hearing to gather ideas for the overhaul.

At issue is the Committee on Foreign Investments in the United States, a multiagency panel that moved from obscurity to controversy because of a recent string of attempts by foreign entities to buy operations critical to America’s economic infrastructure, physical security and manufacturing base.

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