The Treasury Department is preparing a response to questions it received from Congress about some of the money Iran has received through recent U.S. sanctions waivers, a Treasury official said Dec. 13.
Marc Selinger
Marc Selinger, Assistant Editor, is the congressional reporter for Export Compliance Daily, which he joined in December 2023. He previously wrote for a variety of defense publications, highlights of which included covering the Paris and Farnborough (UK) air shows and touring the Israeli defense industry. His first full-time journalism job involved reporting on local government, schools and police news for a community newspaper in Michigan. He is on X at @marcselinger and on LinkedIn at https://www.linkedin.com/in/marc-selinger-315089173/.
The House Foreign Affairs Committee on Dec. 13 advanced several bills that would revise U.S. export control regulations and procedures for dual-use technology.
The Biden administration’s recent decision to remove China’s Institute of Forensic Science (IFS) from the Entity List has led the Chinese government to become more helpful, at least initially, in stemming the flow of illegal fentanyl drugs to the U.S., Bureau of Industry and Security officials said.
Congress should require the Biden administration to strengthen export controls against China and give it new tools to restrict a broader range of inbound and outbound investments, the House Select Committee on China said in a Dec. 12 report.
Sen. Dan Sullivan, R-Alaska, is urging Congress to revisit legislation that would require U.S. firms to report outbound investments that could threaten American national security.
Four House Democrats introduced a bill aimed at curbing the flow of U.S. firearms to drug cartels, gangs and other violent groups in the Caribbean and Latin America.
The Bureau of Industry and Security needs to overhaul its export control policies to stem the flow of U.S. national security technology that is fueling China’s military modernization, House Foreign Affairs Committee Chairman Michael McCaul, R-Texas, said in a report marking the end of a 90-day review of the agency (see 2210030068).
The Bureau of Industry and Security’s recent 90-day pause in issuing commercial firearms export licenses will financially harm companies, especially small ones, that rely on foreign sales for income, according to a letter five Republican members of the House Small Business Committee sent to BIS.
Three days after Commerce Secretary Gina Raimondo suggested her Bureau of Industry and Security needs more funding to handle a surge in export licensing requests (see 2312040041), three key House Republicans said on Dec. 5 that BIS must strengthen its export controls before they will support a budget increase for the agency.
Senior State Department official Brian Nichols met with staff members from the Senate Foreign Relations Committee on Dec. 6 to seek their input on U.S. sanctions policy toward Venezuela, according to a State Department spokesperson.