The House version of the FY 2025 Financial Services and General Government Appropriations Bill could withhold funds the Treasury Department’s Financial Crimes Enforcement Network may need to implement or enforce its new beneficial ownership information (BOI) reporting rule.
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 version of the FY 2025 State, Foreign Operations and Related Programs Appropriations Bill would prohibit the removal of Iran's Islamic Revolutionary Guard Corps (IRGC) from the Foreign Terrorist Organization (FTO) list, the House Appropriations Committee said June 3.
The State Department’s proposed rule exempting Australia and the U.K. from International Traffic in Arms Regulations under the Australia-U.K.-U.S. (AUKUS) security partnership is too restrictive and should be revised to remove barriers to defense trade among the three countries, the Aerospace Industries Association (AIA) told the agency last week.
The Biden administration doesn't support congressional calls to sanction the International Criminal Court (ICC) for threatening to issue arrest warrants against two senior Israeli officials, a White House official said May 28.
The U.S. plans to continue fine-tuning its export controls and sanctions against Russia in response to Moscow's attempts to get around them, a Biden administration official said this week.
U.S. lawmakers should finish pending legislation to restrict outbound investment to China so it doesn't leave the job of controlling such capital flows solely to the executive branch, a congressionally mandated commission heard last week.
The U.S. government should explore the possibility of prohibiting inbound Chinese foreign direct investment in a few sensitive high-sectors to ease the workload burden on the Committee on Foreign Investment in the U.S., a congressionally mandated commission heard last week.
The U.S. government should re-examine its export controls for aviation and shipbuilding to slow China’s advances in those dual-use sectors, a congressionally mandated commission heard May 23. The government also should consider more restrictions on Huawei and improve its efforts to get allies on board with U.S. export controls, the panel was told.
House Foreign Affairs Committee Chairman Michael McCaul, R-Texas, said May 22 he's exploring possible legislation to sanction the International Criminal Court (ICC) for threatening to arrest two Israeli leaders.
The House Foreign Affairs Committee on May 22 approved bills that could expand controls on artificial intelligence exports and increase congressional oversight of arms transfers to Israel.