A bipartisan bill introduced in the Senate this week could lead to new sanctions against “foreign persons” committing human rights violations against “lesbian, gay, bisexual, transgender, and intersex (LGBTI) individuals.” The bill was introduced June 13 by Sen. Jeanne Shaheen, D-N.H., and so far has seven co-sponsors. The text wasn’t yet available at deadline.
Lawmakers in the Senate and House this week reintroduced a bill that could require the Commerce Department to block exports of sensitive personal data to certain high-risk countries (see 2306010042). The Protecting Americans’ Data from Foreign Surveillance Act, originally introduced during the last Congress, would also look to restrict personal data exports by firms, such as TikTok, “directly to restricted foreign governments, to parent companies in restricted foreign countries” and to parties designated on Commerce’s Entity List. Export penalties would apply to “senior executives who knew or should have known that employees below them were directed to illegally export Americans’ personal data.”
Treasury Secretary Janet Yellen declined to say this week whether the Committee on Foreign Investment in the U.S. would look into the Saudi-backed LIV Golf’s purchase of the PGA Tour despite several lawmakers urging CFIUS to review the deal. Yellen, speaking during a June 13 House Financial Services Committee hearing, said she couldn't comment on a potential review because there are “very strict rules of confidentiality,” but suggested the committee would review the acquisition if it implicated U.S. national security.
The Treasury Department should sanction Russian state-owned nuclear company Rosatom, a “major source of funds” for Moscow and “one of the only largely unsanctioned Russian energy companies,” said Gregory Meeks, the House Foreign Affairs Committee’s top Democrat. Meeks, speaking during a June 13 House Financial Services Committee hearing, pointed to his bill introduced last month that would require the administration to designate Rosatom (see 2305120015).
A bill that approves the Taiwan trade initiative, but says it cannot take effect until the administration submits an economic analysis of its effects and answers questions from Congress on implementation, passed out of the House Ways and Means Committee on a 42-0 vote.
The Senate Foreign Relations Committee last week advanced a bipartisan bill that would require the administration to form a sanctions strategy that would be triggered if China invades Taiwan. The Taiwan Protection and National Resilience Act, reintroduced in March (see 2303300024), would require the several Cabinet agencies to submit a report to Congress describing a “comprehensive sanctions strategy” that the U.S and allies could adopt in response to an invasion. Marco Rubio, R-Fla., one of the authors of the bill, said Congress “must continue to closely monitor” China’s “hostile acts against our democratic ally and remain firm in our strategy to deter any aggression against Taiwan.”
Although the U.S.-Taiwan Initiative on 21st Century Trade does not change tariffs, and therefore the administration says no legislative approval is needed, the chairmen and ranking members of the House and Senate committees that deal with trade have introduced a bill that would give it congressional approval.
House Democrats introduced a bill last week that they said will help facilitate the transfer of two Virginia-class nuclear-powered submarines from the U.S. to Australia as part of the Australia-U.K.-U.S. (AUKUS) partnership. The AUKUS Undersea Defense Act would also authorize “the training of Australian private sector defense personnel,” the lawmakers said.
Just after the administration asked the International Trade Commission to examine the emissions intensity of the steel and aluminum sectors, a bipartisan bill was introduced in the Senate to tell the Energy Department to conduct a comprehensive study of the emissions from the production of aluminum, cement, iron and steel, plastic, and products made from all those materials, fertilizer, glass, lithium-ion batteries, paper and pulp, solar panels and cells, wind turbines, crude oil, refined oil products, natural gas, hydrogen, refined critical minerals and uranium.
A bipartisan bill introduced in the Senate and House could lead to new sanctions on entities that process or trade Iranian oil, including through ship-to-ship transfers. The Stop Harboring Iranian Petroleum (SHIP) Act would also require the Biden administration to report on the “increase of exports of petroleum and petroleum products from Iran.”