More on American Business
WASHINGTON, DC – Rep. Mike Gallagher (R-WI), Chairman of the House Select Committee on the Chinese Communist Party, today released the below on the Federal Retirement Thrift Investment Board announcing that no companies in the People's Republic of China and Hong Kong would be included in its I Fund benchmark, a move that will ensure federal government employee savings will not be passively invested in Chinese companies.
WASHINGTON, DC – Rep. Mike Gallagher (R-WI) and Rep. Raja Krishnamoorthi (D-IL), Chairman and Ranking Member of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party, today released the statement below lending their support to legislation introduced by Rep. Michael McCaul (R-TX) and Rep. Gregory Meeks (D-NY), Chairman and Ranking Member of the House Foreign Affairs Committee, the "Preventing Adversaries from Developing Critical Capabilities Act". This bipartisan bill builds on the Biden administration’s Executive Order “Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern" and expands restrictions on U.S. outbound investment into critical and emerging technology companies in the People's Republic of China.
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Click HERE for full transcript.
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What would you do if someone magically dropped $40,000 in your lap and said you had to spend it?
Buy a car? Put it towards tuition? Those options seem sensible.
But Can I interest you instead in one mediocre meal with a genocidal communist dictator?
WASHINGTON, DC – As first reported by NBC, Chairman Mike Gallagher (R-WI) and the Republican members on the House Select Committee on the Chinese Communist Party wrote to President Biden ahead of his meeting with Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation summit in San Francisco next week. The lawmakers advised President Biden to reverse months of misguided approaches to China and challenge Xi to fulfill basic demands such as releasing American citizens wrongly imprisoned in Communist China.
Click HERE for full remarks.
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Throw a rock in Washington right now and you’re bound to hit someone talking about selective decoupling from China. The lights inside think tanks are staying on late into the night cranking out reports on derisking frameworks.
But I recently read a provocative paper on selective decoupling.
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WASHINGTON, DC – As first reported by Reuters, Rep. Mike Gallagher (R-WI) and Rep. |
WASHINGTON, DC – As first reported by Reuters, Rep. Mike Gallagher (R-WI) and Rep. Raja Krishnamoorthi (D-IL), Chairman and Ranking Member of the House Select Committee on the Strategic Competition Between the United States and Chinese Communist Party, today sent a letter to Janet Yellen, Secretary of the Treasury, with recommendations for the implementation of the Biden Administration's August Executive Order on outbound American investment in China.
The recommendations are: