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.
Secretary of State Antony Blinken on May 21 defended the U.S. government's use of sanctions against China, saying the Biden administration resorts to punitive measures only when diplomatic efforts fail to achieve the desired result.
The farm bill that the House Agriculture Committee plans to mark up May 23 contains several foreign investment-related provisions, including a requirement that the Agriculture Department enter into a formal agreement with the Committee on Foreign Investment in the U.S. to ensure the two agencies share information on foreign transactions in a timely manner.
The House Foreign Affairs Committee on May 16 approved several bills that could impose sanctions on China, Russia and the Houthis and tighten export controls on China.
Congressional Republicans are asking the Biden administration to provide more information about its recent withholding of certain offensive weapons to Israel, a decision the lawmakers oppose.
Leaders of the House Foreign Affairs Committee said May 13 they might pursue financial sanctions and other measures against Georgia if the country’s government doesn't withdraw a “foreign agents” bill that would crack down on civil society organizations and independent media outlets.
Citing national security concerns, President Joe Biden issued an order May 13 prohibiting China’s MineOne from continuing to operate a cryptocurrency mine near Francis E. Warren Air Force Base in Cheyenne, Wyoming.