House Select Committee on China Chairman Rep. John Moolenaar, R-Mich., plans to introduce a bill that would bring the State Department’s “scattered” economic security offices under a new deputy secretary position to help the U.S. compete with China, his office announced Nov. 1.
A bipartisan group of six senators and nine House members urged the U.S. Court of Appeals for the D.C. Circuit to reconsider its decision to vacate reauthorizations for two liquefied natural gas export projects in Texas (see 2409300030). Sen. Ted Cruz, R-Texas, who led the filing of friend-of-the-court briefs with Rep. Dan Crenshaw, R-Texas, said the decision on the Rio Grande LNG and Texas LNG projects threatens 7,000 jobs and $24 billion in investment.
Two leaders of the U.S. Helsinki Commission, also known as the Commission on Security and Cooperation in Europe, said last week they welcome the Biden administration’s decision to move forward with giving Ukraine $20 billion in loans that will be repaid with interest generated from frozen Russian central bank assets.
Sen. Elizabeth Warren, D-Mass., told DOJ this week that she believes its recent settlement with TD Bank does not go far enough to hold the financial firm and its leaders accountable for their lax adherence to anti-money laundering laws.
A bipartisan group of 18 House members called on French President Emmanuel Macron this week to reconsider his recent decision to halt arms deliveries to Israel. The lawmakers said the Jewish state needs allied support to defend itself.
House Foreign Affairs Committee Chairman Michael McCaul, R-Texas, is “glad” the Biden administration is moving forward with a final rule that will restrict U.S. outbound investment in China’s AI, quantum and semiconductor sectors, a spokesperson for the committee’s majority said Oct. 30.
Sen. Tom Cotton, R-Ark., urged the Biden administration last week to impose “terrorism sanctions” on the U.N. Relief and Works Agency (UNRWA), citing the humanitarian aid agency’s ties to Hamas.
The Treasury Department's new final rule for outbound investment received mixed reviews from Congress this week.
The leaders of the House Select Committee on China urged the Commerce Department this week to prevent American know-how and investment from supporting the development of China’s photonic semiconductor sector.
The Senate’s proposed Georgian People’s Act will be modified “if needed” to ensure those responsible for “fraud and manipulation” in the country's recent parliamentary elections “are held accountable,” Sens. Jeanne Shaheen, D-N.H., and Jim Risch, R-Idaho, said in a joint statement this week.