Sen. Mark Warner, D-Va., said April 2 that he will be disappointed if the Trump administration reaches a deal with China’s ByteDance that leaves the company in control of TikTok.
The Treasury Department’s recent sanctioning of a Chinese oil refinery for buying and refining Iranian crude (see 2503200014) was a "great first step" but should be expanded to other refineries to ensure Tehran's energy revenue is significantly reduced, a researcher told a congressional panel April 1.
Sens. Lindsey Graham, R-S.C., and Richard Blumenthal, D-Conn., introduced a bill April 1 to sanction Russia and its supporters if Moscow refuses to negotiate a peace agreement with Ukraine in good faith or undermines Ukraine’s sovereignty after a peace deal is reached.
Senate Foreign Relations Committee Chairman Jim Risch, R-Idaho, and House Foreign Affairs Committee Chairman Brian Mast, R-Fla., said March 31 that they may pursue sanctions if the U.N. Human Rights Council (HRC) creates a new mechanism to investigate Israel.
Four Democratic lawmakers said this week that the Bureau of Industry and Security’s plans to pull back from traditional export control dialogues with allies, including the U.S.-EU Trade and Technology Council, will reduce international collaboration and make it harder to keep sensitive technology out of the hands of China.
House Select Committee on China ranking member Raja Krishnamoorthi, D-Ill., and Rep. Jake Auchincloss, D-Mass., urged the Trump administration March 31 to investigate whether China’s Yantai iRay Technology Co. Ltd. is evading U.S. sanctions by selling its thermal imaging products in the U.S. through subsidiaries and other affiliated entities.
The Senate Foreign Relations Committee approved by voice vote March 27 a bill aimed at curbing China’s export of fentanyl precursor chemicals to Mexican drug traffickers.
Six Senate Banking Committee Democrats, including ranking member Elizabeth Warren, D-Mass., asked the Trump administration March 26 to explain how it plans to implement the $20 million funding cut it recently imposed on the Bureau of Industry and Security, including whether it intends to shrink the agency’s workforce.
The Bureau of Industry and Security is poised to receive $171 million in funding in FY 2025, down 10.5% from FY 2024, as part of the Trump administration’s “illegal” cuts to national security programs, Senate Appropriations Committee ranking member Patty Murray, D-Wash., said March 25.
The Treasury and State departments are reviewing a recently introduced bill to restrict outbound investment in China, a key lawmaker said March 25.