Nearly 90 Republican lawmakers urged the Commerce Department March 5 to rescind a Biden administration interim final rule (IFR) restricting firearms exports, saying the controls hurt American businesses.
Sen. Chris Van Hollen, D-Md., said March 4 that he plans to introduce legislation to address the Trump administration’s recent move to repeal a Biden administration policy linking arms transfers to human rights.
The Trump administration plans to build international support for using sanctions to counter Iran’s nuclear weapons program, deputy secretary of state nominee Christopher Landau said March 4.
The Treasury Department plans to modify its beneficial ownership information (BOI) reporting rule so that it applies only to foreign companies and not U.S. businesses, the agency announced March 2.
Jeffrey Kessler, President Donald Trump’s choice to lead the Bureau of Industry and Security (see 2502040059), said at his Senate nomination hearing Feb. 27 that he has reservations about the agency’s latest export controls on advanced artificial intelligence chips and wants to scrutinize them. He also testified that he plans to examine whether BIS needs more resources and a reorganization.
A new task force that the House Foreign Affairs Committee created to improve how the government handles foreign military sales and export controls has begun its work, committee Chairman Brian Mast, R-Fla., said Feb. 25.
Although the Trump administration has temporarily delayed enforcing a law that calls for China’s ByteDance to divest TikTok or face a ban of the popular social media application in the U.S., ByteDance shouldn't expect the reprieve to become permanent, the leaders of the House Select Committee on China said at a Brookings Institution event Feb. 25.
The leaders of the House Select Committee on China said Feb. 25 that Congress should pass legislation restricting U.S. outbound investment in China despite a recent move by the Trump administration to address the issue.
Senate Banking Committee ranking member Elizabeth Warren, D-Mass., urged the Commerce Department this week to decline to give the Elon Musk-led Department of Government Efficiency (DOGE) access to confidential business data, including information disclosed in export license applications filed with the Bureau of Industry and Security.
Many opportunities exist to increase the effectiveness of U.S. financial sanctions, researchers said during a Feb. 20 hearing of the congressionally mandated U.S.-China Economic and Security Review Commission.