Ronald Reagan called the peaceful transfer of power from one U.S. president to the next a miracle, and it is. It is also the most delicate and hazardous period in the entire political cycle. Americans learned the stakes in 2020, when President Donald Trump's refusal to trigger the formal start of the transition process to President-Elect Joe Biden created perhaps the worst crisis for American democracy since the Civil War. Even at the best of times, an incoming administration faces a gargantuan task, as every new president must make more than four thousand political appointments in a short period of time. Yet the day-to-day process of presidential transitions remains poorly understood, even by government specialists. This is why the Partnership for Public Service's Center for Presidential Transition created Transition Lab, a one-year podcast series that ran through January 2021. The Peaceful Transfer of Power now puts those distinct interviews with scholars, journalists, public servants, and-most important-participants in every transition from Ford-Carter to Trump-Biden into a narrative format that illuminates the long history, complexity, and current best practices associated with this most vital of democratic institutions. Presidential transitions stand at a critical juncture here and abroad. Highly readable and deeply informative, this book offers every citizen invested in safeguarding our democracy accessible and concentrated insights that will help future transitions run better, faster, and more smoothly. The Partnership for Public Service is a nonprofit, nonpartisan organization that is building a better government and a stronger democracy.

Does foreign ownership of American businesses pose a threat to the United States (like the abortive attempt by CNOOC, a Chinese company, to purchase Unocal during the summer of 2005)? This important new book examines foreign direct investment (FDI) in the United States, the national security concerns associated with this investment, and treatment of these concerns under US policy. It asks whether the Committee on Foreign Investments in the United States (CFIUS) process can be improved and answers in the affirmative. The book starts by looking at the review process for foreign takeovers of US firms (including a historical review), looks at the economic and political impact on the United States of foreign direct investment, takes a detailed look at issues relating to FDI posed by the rise of China as an economic and geopolitical power and finally suggests some changes to the Exon-Florio process.