Legislation to increase the visibility of U.S. outbound investment will be considered during House-Senate negotiations on the FY 2025 National Defense Authorization Act, the Senate Armed Services Committee announced last week.
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/.
Lawmakers plan to take action this week on sanctions-related measures aimed at Georgia, Hong Kong and the Yemen-based Houthis.
A bipartisan group of six House members urged the Biden administration last week to step up enforcement of oil sanctions against Iran to reduce Tehran’s ability to fund terrorism.
The chair of the House Foreign Affairs Subcommittee on the Western Hemisphere urged the Biden administration Sept. 20 to take further steps to cut the oil revenue the Venezuelan government has available to it to repress political dissent.
House Foreign Affairs Committee ranking member Rep. Gregory Meeks, D-N.Y., said late Sept. 18 that he's working to build Senate support for his bill that would sanction foreign persons who contribute to the construction of a tunnel from Russia to the Crimean Peninsula.
Four Republican lawmakers urged the Biden administration Sept. 19 to carry out two new Iran sanctions laws, both of which have deadlines that already passed.
Deputy Secretary of State Kurt Campbell told a congressional panel Sept. 18 that he will look into the possibility of expanding the export control exemptions that the State Department intends to grant to Australia and the U.K. under the AUKUS security partnership.
House Select Committee on China Chairman Rep. John Moolenaar, R-Mich., and Rep. Greg Murphy, R-N.C., urged the Treasury Department this week to expand the jurisdiction of the Committee on Foreign Investment in the U.S. to include land purchases near Coast Guard facilities, Energy Department national laboratories, maritime ports and critical energy and telecommunications infrastructure.
President Joe Biden formally directed his administration last week to implement several new sanctions-related laws, including one aimed at Iranian oil exports.
The next U.S. presidential administration will face a host of emerging technology issues in international trade, including advanced computing chips, artificial intelligence, cloud computing, data centers, quantum and telecommunications infrastructure, said Nazak Nikakhtar, a Wiley Rein partner and a former acting Bureau of Industry and Security undersecretary.