The Senate Finance Committee will vote March 3 on the nominations of Katherine Tai as U.S. trade representative and Wally Adeyemo as deputy treasury secretary.
In written questions to U.S. trade representative nominee Katherine Tai, she was pressed to argue for U.S. agricultural export interests around the world, and asked how China could be moved to meet more of its promises to buy American exports, agricultural and otherwise.
More than 20 Republican senators are sponsoring a bill that would allow Congress to approve or block efforts by the Biden administration to lift sanctions against Iran. The bill, introduced by Sen. Bill Hagerty, R-Tenn., would serve as a “check” on President Joe Biden's plan to rejoin the Iranian nuclear deal (see 2101280043), Hagerty said Feb. 26. “The United States cannot fall victim again to Tehran’s blackmail, bribery, and extortion by giving into its demands for sanctions relief,” Hagerty said.
Senate Majority Leader Chuck Schumer, D-N.Y., said he directed lawmakers this week to begin crafting legislation to strengthen the U.S. semiconductor industry to out-compete China. The legislation will include a bipartisan bill introduced by Schumer and other lawmakers last year that would increase U.S. investment in technology, research and high-tech manufacturing (see 2006010011), Schumer said, adding that the legislation will also include other semiconductor industry initiatives. Schumer said he plans to call for a vote on the legislation this spring. “[W]e need to get a bill like this to the president's desk quickly to protect America's long-term economic and national security,” Schumer said Feb. 23. The Semiconductor Industry Association applauded Schumer’s comments and said investing in U.S. innovation is “key” to out-competing China (see 2102180062). “We urge the Biden administration and Congress to invest boldly in domestic semiconductor manufacturing and research,” SIA President John Neuffer said.
The Congressional Research Service issued a Feb. 23 report on U.S. export restrictions on Huawei, including various measures taken by the Commerce Department and supply-chain considerations for industry. The 36-page report describes the consequences of Huawei’s placement on the Entity List, changes made by Commerce last year to the Foreign Direct Product rule and more.
Democratic senators introduced a bill that would impose sanctions on the Honduran president and suspend certain export licenses for controlled defense shipments to Honduras. Under the bill, introduced Feb. 23, the U.S. would designate Honduras' President Juan Orlando Hernandez for “significant corruption” and human rights abuses, the lawmakers said. It would also block the U.S. from issuing export licenses for shipments of controlled defense items, services and munitions to Honduran police or military forces.
Rep. Mike Gallagher, R-Wis., introduced a bill called the Supporting Mexico Against Corruption Act, which would require the president to impose Magnitsky sanctions on Mexican government officials where there is “credible evidence” they have engaged in corruption described in the Global Magnitsky Act. Gallagher, in a press release announcing the bill's introduction, said that the Treasury has only sanctioned one Mexican government official under the Magnitsky Act since 2016.
Senate Finance Committee Chairman Ron Wyden, D-Ore., said the U.S. trade representative nominee has “really extraordinary skill in bringing people together,” and that it's critical to confirm her, deputy Treasury secretary nominee Wally Adeyemo, and the Health and Human Services secretary, so they can get to work. Wyden, who spoke with reporters Feb. 22, didn't spend much time on trade issues, but he said he thinks Katherine Tai is “going to do a first-rate job” heading the Office of the U.S. Trade Representative.
Rep. Mark Green, R-Tenn., reintroduced a bill Feb. 18 that would control the export of certain technology and intellectual property to China. The legislation was previously introduced in 2019, and it is among a slate of bills “to confront the Chinese Communist Party’s malign influence” reintroduced by Green.
The House Foreign Affairs Committee’s top Democrat and top Republican urged the Biden administration to sanction those responsible for the murder of an anti-Hezbollah activist in Lebanon earlier this month. Reps. Gregory Meeks, D-N.Y., and Michael McCaul, R-Texas, on Feb. 18 asked Biden to impose sanctions under the Global Magnitsky Human Rights Accountability Act for the assassination of activist Lokman Slim, saying the murder “could constitute a sanctionable gross violation of internationally recognized human rights.”