Senate Foreign Relations Committee Chairman Ben Cardin, D-Md., said Feb. 1 that he is working with ranking member Jim Risch, R-Idaho, to craft a “comprehensive” bill to address a wide range of concerns about China.
Sen. Marco Rubio, R-Fla., asked CBS News on Jan. 31 whether it accepted any goods or services from two sanctioned Chinese entities, potentially in violation of U.S. law, while touring China’s Xinjiang region for an article.
U.S. trade policy toward China should concentrate on protecting advanced technology, as opposed to completely decoupling from the Communist country, former Secretary of State Mike Pompeo said Jan. 30.
Two House committee chairs have urged the Biden administration to place export restrictions and sanctions on four “highly troubling” Chinese companies that are slated to provide software and other technology to a planned electric vehicle battery factory in the U.S.
The Biden administration’s proposal to impose new restrictions on U.S. investment in certain Chinese technology sectors is a complex undertaking that will be difficult to implement, a former Treasury Department official said on Jan. 30.
Several lawmakers urged the Biden administration to reimpose sanctions on Venezuela after the country’s supreme court barred opposition leader Maria Corina Machado from this year’s presidential election.
Sens. Mike Braun, R-Ind., and Jon Tester, D-Mont., on Jan. 25 introduced a bill aimed at improving the tracking of foreign investment in U.S. farmland.
Sen. J.D. Vance, R-Ohio, urged the Committee on Foreign Investment in the U.S. to investigate the proposed sale of Vista Outdoor’s Sporting Products business to Czechoslovak Group (CSG), saying the transaction could endanger national security by transferring an American manufacturer of firearms ammunition to a “Kremlin-linked” foreign company.
Four Democratic lawmakers, including Sen. Elizabeth Warren of Massachusetts, sent Commerce Secretary Gina Raimondo a series of recommendations for strengthening firearms export controls, Warren’s office said Jan. 24.
The Senate Foreign Relations Committee on Jan. 24 approved a bill that would authorize the government to seize about $5 billion in frozen Russian central bank assets in the U.S. to help pay for rebuilding Ukraine.