More on American Business
Following a rigorous examination of BlackRock and MSCI's Chinese investments decisions Chairman Gallagher and Ranking Member Krishnamoorthi today launched an investigation into the two firms. BlackRock manages trillions of dollars, drawing from Americans' hard-earned pensions and savings, and MSCI directs the investments of funds from millions of Americans' bank accounts.
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WASHINGTON, DC – "It is unconscionable for any U.S. company to profit from investments that fuel the military advancement of America’s foremost foreign adversary and facilitate human rights abuses. We therefore seek additional information regarding this deeply troubling matter," - Chairman Mike Gallagher (R-WI) and Ranking Member Raja Krishnamoorthi (D-IL) wrote in a letter to the CEOs of BlackRock and MSCI on Monday. |
Read the transcript HERE.
Click HERE for full remarks.
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This week, I’m teaching a class on the beginning of the Cold War and the conflict in Korea.
As my students, some of whom are here tonight, know, the early 50s was also a time of technological promise tinged with existential dread.
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WASHINGTON, DC – In February, Ford announced a partnership with Chinese Communist Party-aligned battery company, Contemporary Amperex Technology, Co. Limited (CATL), raising serious concerns. |
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WASHINGTON, DC – In February, Ford announced a partnership with Chinese Communist Party-aligned battery company, Contemporary Amperex Technology, Co. Limited (CATL), raising serious concerns. |
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WASHINGTON, DC – In February, Ford announced a partnership with Chinese Communist Party-aligned battery company, Contemporary Amperex Technology, Co. Limited (CATL), raising serious concerns. In a letter to Ford Motor Company CEO Jim Farley, Chairman Mike Gallagher (R-WI) of the House Select Committee on the Chinese Communist Party and Chairman Jason Smith of the House Committee on Ways and Means reveal new information about the licensing agreement, CATL’s ties to forced labor, and Ford’s future reliance on Chinese technology, minerals, and employees. |
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This morning, Chairman Mike Gallagher (R-WI) and Ranking Member Raja Krishnamoorthi (D-IL) of the Select Committee on the Chinese Communist Party hosted Assistant Secretary of State for East Asian and Pacific Affairs, Daniel Kritenbrink, Assistant Secretary of Defense for Indo-Pacific Security Affairs, Ely Ratner, and Assistant Secretary of Commerce for Export Administration, Thea Rozman Kendler, in a hearing titled "The Biden Administration's PRC Strategy". |