President Joe Biden announced March 14 that he plans to oppose the proposed acquisition of U.S. Steel Corp by Japan-based Nippon Steel Corp., saying it is "vital" to keep the 123-year-old American steelmaker in U.S. hands.
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 of Representatives on March 13 voted 352-65 to pass a bill that would require China’s ByteDance to divest popular social media application TikTok (see 2403050063).
Rep. Tom Kean Jr., R-N.J., chairman of the House Foreign Affairs Subcommittee on Europe, said March 12 that he's drafting a “tough sanctions bill” to help reduce U.S. reliance on Russian state-owned company Rosatom for nuclear fuel.
Four House Republican Cuban-Americans urged the Biden administration March 8 to retain Cuba’s designation as a state sponsor of terrorism, saying the label and its accompanying sanctions remain warranted.
Senate Foreign Relations Committee Chairman Ben Cardin, D-Md., said March 7 that his panel could soon consider several bills, including Iran sanctions legislation.
A leading Senate critic of TikTok said March 6 that he has reservations about a new House bill that would ban the popular social media application in the U.S. if China’s ByteDance doesn't divest the platform.
Reps. Mike Gallagher, R-Wis., and Raja Krishnamoorthi, D-Ill., the chairman and ranking member, respectively, of the House Select Committee on China, introduced a bill March 5 to ban TikTok in the U.S. unless China’s ByteDance divests the social media application.
Sen. Richard Blumenthal, D-Conn., who chairs the Senate Homeland Security and Governmental Affairs Permanent Subcommittee on Investigations, has asked the Commerce Department for several types of information to help his panel better understand how Russia overcame export controls and sanctions to obtain U.S. technology for its military.
The compromise six-bill appropriations package that congressional negotiators unveiled March 3 contains $191 million for the Bureau of Industry and Security in FY 2024, the same as the FY 2023 enacted level and $31 million below the Biden administration’s request.
Nine Republican senators urged President Joe Biden to rescind his recent executive order on West Bank sanctions and his new memorandum on U.S. foreign military aid, saying both treat Israel unfairly.